The Government has prescribed the list of GST Rates for goods with 6 schedules:
|SN||Schedule No||Prescribed CGST Rate|
The Government has prescribed the list of EXEMPION list for goods from whole of central tax
|SN||Total no of goods/Ch/HD/sub hd/tariff item||Prescribed CGST Rate|
|1||1 to 149||0|
The Government has exempts intra-State supplies of goods, the description of which is specified in column (3) from so much of the central tax leviable as is in excess of the amount calculated at the rate specified in the corresponding entry in column (4) of the said Table and subject to the relevant conditions annexed to this notification, as per column (5) of the Table aforesaid.
|SN||Ch/head/sub head/tariff item||Description of Goods||Rate||Condition|
|Goods specified in the List annexed to this Table required in connection with:
(1) Petroleum operations undertaken under petroleum exploration licenses or mining leases, granted by the GOI or any State Government to the ONGC or OIL on nomination basis, or
(2) Petroleum operations undertaken under specified contracts, or
(3) Petroleum operations undertaken under specified contracts under the New Exploration Licensing Policy, or
(4) Petroleum operations undertaken under specified contracts under the Marginal Field Policy (MFP), or
(5) Coal bed methane operations undertaken under specified contracts under the Coal Bed Methane Policy.
The Government has prescribed the list for the goods on which GST is applicable on reverse charge basis.
|Serial No.||Tariff item, sub-heading, heading or Chapter||Description of supply of Goods||Supplier of goods||Recipient of supply|
|1||0801||Cashew nuts, not shelled or peeled||Agriculturist||Any registered person|
|2||1404 90 10||Bidi wrapper leaves (tendu)||Agriculturist||Any registered person|
|3||2401||Tobacco leaves||Agriculturist||Any registered person|
|4||5004 to 5006||Silk yarn||Any person who manufactures silk yarn from raw silk or silk worm cocoons for supply of silk yarn||Any registered person|
|5||–||Supply of lottery.||State Government, Union Territory or any local authority||Lottery distributor or selling agent.|
The Government has prescribed Supplies of goods in respect of which no refund of unutilised input tax credit shall be allowed under section 54 (3)
|SN||Description of Goods|
|1||Woven fabrics of silk or of silk waste|
|2||Woven fabrics of wool or of animal hair|
|3||Woven fabrics of cotton|
|4||Woven fabrics of other vegetable textile fibres, paper yarn|
|5||Woven fabrics of manmade textile materials|
|6||Woven fabrics of manmade staple fibres|
|7||Knitted or crocheted fabrics [All goods]|
|8||Rail locomotives powered from an external source of electricity or by electric accumulators|
|9||Other rail locomotives; locomotive tenders; such as Diesel-electric locomotives, Steam locomotives and tenders thereof|
|10||Self-propelled railway or tramway coaches, vans and trucks, other than those of heading 8604|
|11||Railway or tramway maintenance or service vehicles, whether or not self-propelled (for example, workshops, cranes, ballast tampers, trackliners, testing coaches and track inspection vehicles)|
|12||Railway or tramway passenger coaches, not self-propelled; luggage vans, post office coaches and other special purpose railway or tramway coaches, not self-propelled (excluding those of heading 8604)|
|13||Railway or tramway goods vans and wagons, not self-propelled|
|14||Parts of railway or tramway locomotives or rolling-stock; such as Bogies, bissel-bogies, axles and wheels, and parts thereof|
|15||Railway or tramway track fixtures and fittings; mechanical (including electro-mechanical) signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, parking facilities, port installations or airfields; parts of the foregoing|
The Government has prescribed Refund of 50% of CGST on supplies to CSD under section 55
|Inward supply by CSD||Refund of 50% of central tax paid|
The Government has prescribed Exemption from CGST supplies by CSD to Unit Run Canteens and supplies by CSD / Unit Run Canteens to authorised customers notified under section 11 (1) and section 55 CSD
supply by CSD
|GST @ 0%|
The Government has exempted the Intra-State supplies of goods or services or both received by a registered person from any supplier, who is not registered, from the whole of the GST leviable thereon, if amount of such supply from any or all the un-registered suppliers is upto Rs. 5,000 in a day.
The registered person may issue a consolidated invoice at the end of a month for all supplies from unregistered suppliers covered under RCM, where the aggregate value of such supplies exceeds Rs. 5,000 from all the suppliers.
The Government has exempted intra-State supplies of goods/services received by a TDS deductor, from any supplier, who is not registered, from the whole of the tax leviable under RCM, subject to the condition that the deductor is not liable to be registered otherwise than under the category of mandatory registration.
The Government has exempted intra-State supplies of second hand goods received by a registered person, dealing in buying and selling of second hand goods and who pays the GST on the value of outward supply of such second hand goods, from any supplier, who is not registered, from the whole of the tax leviable thereon under RCM.
The Government has notified the Central GST rate for Supply of Service
Note 1:-The rate of tax on services namely, construction of a complex, building, civil structure or a part thereof, including a complex or building intended for sale to a buyer, wholly or partly, except where the entire consideration has been received after issuance of completion certificate, where required, by the competent authority or after its first occupation, whichever is earlier, has been increased from 12% to 18%.
Sp.Note: However, the requirement to include land value from computation of tax liability has been removed and it has been stated that the value of land or undivided share of land, as the case may be, in such supply shall be deemed to be 1/3rd of the total amount charged for such supply.
Note 2: The word “room tariff & room rent”as mentioned in the rate schedules approved by the GST council has been replaced “declared tariff”. With effect of this amendment, the GST rate applicable on room rent shall be determined based on declared tariff. However, tax shall be levied on the transaction value.
The Government has notified the exemption from central tax for Supply of Service Total no of entries for exemption from CGST =81 services
The Government has notified the categories of services on which tax will be payable under reverse charge mechanism under CGST Act
|SN||Category of Supply of Service|
|1||Goods Transport Agency [GTA]|
|3||An arbitral tribunal|
|5||By Central Government, State Government, Union territory or local authority|
|6||Services supplied by a director|
|7||Services supplied by an insurance agent|
|8||Services supplied by a recovery agent|
|9||Supply of services by an author, music composer, photographer, artist or the like by way of transfer or permitting the use or enjoyment of a copyright|
The Government has notified the supplies which shall be treated neither as a supply of goods nor a supply of service under the CGST Act:
“Services by way of any activity in relation to a function entrusted to a Panchayat under article 243G of the Constitution.”
The Government has notified that, no refund of unutilised Input Tax Credit shall be allowed in relation to taxes paid on supply of services, relating to construction of complex, building, civil structure or part thereof, including a complex or building intended for sale to a buyer, wholly or partly, except where the entire consideration has been received after issuance of completion certificate.
The Government has notified specialised agencies entitled to claim a refund of taxes paid on the notified supplies of goods or services or both received by them under CGST Act
|Sec 55:Conditions :|
|1.United Nations or a specified international organisation; and|
|2. Foreign diplomatic mission or consular post in India, or diplomatic agents or career consular officers posted therein|
The Government has notified the categories of services the tax on intra-State supplies of which shall be paid by the electronic commerce operator
|(i) services by way of transportation of passengers by a radio-taxi, motorcab, maxicab and motor cycle;|
|(ii) services by way of providing accommodation in hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes, except where the person supplying such service through electronic commerce operator is liable for registration under sub-section (1) of section 22 of the said Central Goods and Services Tax Act.|
18/2017-CENTRAL TAX(RATE), DT. 30.06.2017
The Government Seek to reduce the rate of Central Tax, Union Territory Tax, on fertilisers from 6% to 2.5% and Integrated Tax rate on fertilisers from 12% to 5%
[Views & Opinions Expressed are strictly personal]
GPWR GST –BEGINS