GST tax rates of goods

     Written by : SMTV24x7 | Fri, Jun 30, 2017, 01:05 PM

GST tax rates of goods : GST taxes

Hyderabad India, June 30: A new tax regime will be unveiled today night.The Government will implement GST from July 1.

The council has decided the tax rates for different goods and services.The following will be the taxes levied on Goods.

Gold and Jewellery will be charged at 3 % GST.
Rough diamonds will attract 0.25 % GST.

0 tax or exempt from GST
Jute, meat, eggs, milk, fish chicken, eggs, butter milk, curd, natural honey, fresh fruits and vegetables, flour, besan, bread, prasad, salt, bindi. Sindoor, stamps, judicial papers, printed books, newspapers, bangles, handloom, Bones and horn cores, bone grist, bone meal, hoof meal, horn meal, Cereal grains hulled, Palmyra Jaggery, Salt - all types, Kajal, Children's' picture, drawing or coloring books, Human hair.

5 % tax on goods

Fish fillet, Apparel below Rs 1000, packaged food items, footwear below Rs 500, cream, skimmed milk powder, branded paneer, frozen vegetables, coffee, tea, spices, pizza bread, rusk, Sabu Dana, kerosene, coal, medicines, stent, lifeboats, Cashew nut, Cashew nut in shell, Raisin, Ice and snow, Bio gas, Insulin, Agarbatti, Kites, Postage or revenue stamps, stamp-post marks, first-day covers .

12 % tax on goods

Apparel above Rs 1000, frozen meat products, butter, cheese, ghee, dry fruits in packaged form, animal fat, sausage, fruit juices, Bhutia, namkeen, Ayurvedic medicines, tooth powder,umbrella, sewing machine, cell phones, Ketchup & Sauces, All diagnostic kits and reagents, Exercise books and notebooks, Spoons, forks, ladles, skimmers, cake-servers, fish knives, tongs, Spectacles, corrective, Playing cards, chess board, carom board .

18 % tax on goods

Footwear costing more than Rs 500, Trademarks, Goodwill, software, Bidi Patta, Biscuits (All categories), flavored refined sugar, pasta, cornflakes, pastries, and cakes, preserved vegetables, jams, sauces, soups, ice cream, instant food mixes, mineral water, tissues, envelopes, tampons, steel products, printed circuits, camera, speakers and monitors, Kajal pencil sticks, Headgear and parts thereof, Aluminium foil, Weighing Machinery .

28 % tax on goods

Bidis, chewing gum, molasses, chocolate not containing cocoa, waffles and wafers coated with chocolate, pan masala, aerated water, paint, deodorants, shaving creams, after shave, hair shampoo, dye, sunscreen, wallpaper, ceramic tiles, water heater, dishwasher, weighing machine, washing machine, ATM, vending machines, vacuum cleaner, shavers, hair clippers, automobiles, motorcycles, aircraft for personal use .