Do you know what will be GST rate for products/ services you sell? No worries. We have given here GST rate chart covering most of the goods, services with HSN and SAC code.

Following points are covered in this article:

  1. What is GST in India?
  2. GST rate for goods and services with HSN code
  3. what is composition scheme and GST rate under the scheme?
  4. Reverse charge under gst and GST rate under the same
  5. GST Compensation Cess Rate
  6. How to charge CGST, IGST, SGST while issuing invoices?
  7. GST benefits
  8. GST credits

What is Good Service Tax (GST)?:

GST is proposed to be a comprehensive indirect tax to be levied on manufacture, sale and consumption of goods as well as services at the national level. It will substitute all indirect taxes levied on goods and services by the Central and State Governments in India as of now.

GST Rate chart applicable from 1St July, 2017 in India:

Please find below the rates of GST for few goods and services.

GOODS
Chapter / Heading / Sub- heading / Tariff itemDescription of goods GST Rate approved by the GST Council
01012100,
010129
Live horses12%
0101 to 0106All live animal other
than live horses
0%
0202, 0203, 0204, 0205, 0206, 0207, 0208, 0209All goods in frozen state and put up in unit containers12%
0303, 0304, 0305, 0306, 0307, 0308All goods (other than fish seeds, prawn / shrimp seed)  processed, cured or in frozen state5%
04029110, 04029920Condensed milk18%
0405, 0406Butter and other fats (ghee, butter oil, etc.) and oils derived
from milk; dairy spreads and cheese
12%
0401, 0402,  0403,  0404, 0409, 0410Cream, yogurt,skimmed milk powder, milk food for babies, Chena or paneer, Natural honey.5%
0506,  0507
90
Bones and horn cores, bone grist, bone meal, etc.; hoof meal, horn meal, etc.0%
0801Cashew nut5%
0801, 0802,  0804, 0413Brazil nuts and Other nuts, dried, whether
or not shelled or peeled, such as Almonds, Hazelnuts
or filberts (Coryius spp.), walnuts, Chestnuts (Castanea  spp.), Pistachios, Macadamia nuts,
Kola nuts (Cola spp.), other than
areca nuts.
12%
0806Raisin5%
0901, 0902,  0903,  0904, 0906,  0907,  0908, 0910Coffee, Tea, Vanilla. Cinnamon and cinnamon-tree
flowers, Cloves, Nutmeg, mace and
cardamoms, Ginger other than fresh ginger, saffron,
turmeric (curcuma) other than fresh turmeric, thyme, bay leaves, curry and other spices.
1104Cereal grains hulled0%
1702Palmyra jaggery0%
1801, 1802, 1803,Cocoa beans5%
1804, 1805, 1806Cocoa butter, fat and oil, cocoa powder, not containing added sugar or sweetening matter and Chocolates and other food preparations containing cocoa28%
1901, 1902, 1903, 1905bread, pastry and other baker’s wares, Rusks, toasted bread and similar toasted products5%
1901, 1902, 1903, 1905 32, 1905 9010Corn flakes,Pasta, Waffles and wafers, Pastries and cakes18%
20
[All goods]
Preparations of vegetables, fruits, nuts or other parts of plants, including pickle, murabba, chutney, jam, jelly12%
2103,  2103
00, 2103 90
90
Ketchup & Sauces [other than curry paste; mayonnaise and salad dressings; mixed condiments and mixed seasonings], Mustard sauces12%
2103 90 10,
2103 90 30,
2103 90 40
Curry paste; mayonnaise and salad dressings; mixed condiments and mixed seasonings18%
2106Bari made of pulses including mungodi12%
2105, 2106Ice cream , All kinds of food mixes including instant food mixes, soft drink concentrates, Sharbat, Betel nut18%
2201 90 10Ice and snow5%
2501Salt, all types0%
2601 to 2617All ores and concentrates5%
27Bio gas and (LPG) for supply to household domestic consumers5%
28Dicalcium phosphate (DCP) of animal feed grade conforming to IS specification No.5470 : 20020%
30Insulin5%
29, 30, 3302(i)   Menthol and menthol crystals,
(ii)  Peppermint (Mentha Oil),
(iii) Fractionated / de-terpenatedmentha oil (DTMO),
(iv) De-mentholised oil (DMO),
(v)  Spearmint oil,
(vi) Menthapiperita oil
12%
3605 00 10Handmade safety matches5%
3304 20 00Kajal [other than kajal pencil sticks]Nil
3304 20 00Kajal pencil sticks18%
3307Agarbatti5%
3407Dental wax18%
3822All diagnostic kits and reagents12%
Feeding bottles.12%
3901 to 3923Primary polymers, waste, parings and scrap, of  plastics, Tubes, pipes and hoses, and fittings of plastics, Self-adhesive plates, sheets, film, foil, etc.
of plastics, Articles for conveyance or packing of goods, etc.of plastics
12%
3901 to 3914, 3918, 3922, 3926 90 10Floor coverings of plastics, Baths, shower baths,
sinks, wash basins, bidets, lavatory pans, seats and covers, flushing cisterns and similar sanitary ware
of plastics, Other articles of plastics and articles of
other materials of headings,Conveyor
28%
3926Plastic beads12%
3926 90 99Plastic Tarpaulin18%
4202(i) School satchels and bags other than of leather or composition leather;
(ii)   Toilet cases [4202 12 10];
(iii) Hand bags and shopping bags of artificial plastic material [4202 22 10], of cotton [4202 22 20], of jute [4202 22 30], vanity bags [4202 22 40];
(iv) Handbags of other materials excluding wicker work or basket work [4202 29 10].
18%
47Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard18%
4801Newsprint, in rolls or sheets5%
4802, 4804, 4805, 4806 20 00, 4806 40 10, 4807, 4808, 4810, 4817Uncoated paper and paperboard, uncoated kraft paper, greaseproof paper, glassine paper, composite paper etc12%
4803, 4806, 4811, 4817Toilet or facial tissue stock, towel or napkin stock and similar paper, Vegetable parchment, tracing papers , Paper,
paperboard, cellulose wadding, Envelopes, letter cards, plain postcards, Toilet paper and similar paper
18%
4814Wall paper and similar wall coverings28%
4901Brochures, leaflets and similar printed matte5%
4909, 4910Printed or illustrated postcards, Calendars12%
4820, 4903,4906Exercise books and note books, Children’s
picture, drawing or colouring books. Music, printed or in manuscript, whether or not bound or illustrated, Plans and drawings for architectural, engineering, industrial, commercial, topographical
12%
4823Kites5%
4903Children’s’  picture,  drawing  or  colouring booksNil
57Coir mats, matting and floor covering5%
65
[All goods]
Headgear and parts thereof18%
66 (All goods)Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, ridingcrops and parts thereof12%
6703Human hair, dressed, thinned, bleached or otherwise worked0%
68Fly ash blocks12%
6810 11 90Pre cast Concrete Pipes18%
6906Salt Glazed Stone Ware Pipes18%
7015 10Glasses  for  corrective  spectacles  and  flint buttons12%
71Rough precious and semi-precious stones0.25%
72 ( all goods)Iron and steel18%
75
(All Goods)
Nickel and articles thereof18%
7607Aluminium foil18%
78
(All Goods)
Lead and articles thereof18%
79
(All Goods)
Zinc and articles thereof18%
8215Spoons,    forks,    ladles,   skimmers,   cake servers, fish knives, tongs12%
85Renewable energy devices & spare parts for their
manufacture a) Bio-gas plant b) Solar power based  devices c) Solar power generating system d) Wind mills and wind operated electricity generator e) Waste to
energy plants/devices f) Solar lantern/solar lamp g)  ocean waves/tidal waves energy devices/plants
5%
8517Telephones for cellular networks or for other wireless networks12%
8308All goods, including hooks and eyes18%
84PawanChakki that is Air Based Atta Chakki5%
84Fixed Speed Diesel Engines12%
4011Rear Tractor tyres and rear tractor tyre tubes18%
8708Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle18%
8423        &
9016
Weighing Machinery [other than electric or electronic weighing machinery]18%
8443Printers [other than multifunction printers]18%
8482Ball bearing, Roller Bearings, Parts & related accessories18%
8504Transformers Industrial Electronics18%
8504Electrical Transformer18%
8504Static Convertors (UPS)18%
8521Recorder18%
8525CCTV18%
8525 60Two-way  radio  (Walkie  talkie)  used  by defence, police and paramilitary forces etc.12%
8528Set top Box for TV18%
8528Computer monitors not exceeding 17 inches18%
8539Electrical Filaments or discharge lamps18%
8544Winding Wires18%
8544Coaxial cables18%
8544 70Optical Fiber18%
8472Perforating or stapling machines (staplers), pencil sharpening machines18%
8715Baby carriages18%
9002Intraocular lens12%
9001Spectacles, contact lens12%
9022Apparatus based on the use of X-rays or of alpha, beta or gamma radiations, for medical, surgical, dental or veterinary uses12%
9017Instruments for measuring length, for use in the hand (for example, measuring rods and tapes, micrometers, callipers)18%
9403Bamboo furniture18%
9504Playing cards, chess board, carom board and other board games, like ludo, etc. [other than Video game consoles and Machines]12%
9506Swimming pools and padding pools18%
9603 10 00Muddhas made of sarkanda and phoolbaharijhadoo0%
9704Postage   or   revenue   stamps,   stamp-post marks, first-day covers, etc.5%
9705Numismatic coins5%
4823 90 11,
8472, 9101,
9102, 9021
Braille paper, braille typewriters, braille watches, hearing aids and other appliances to compensate for a defect or disability
[These goods are covered in List 32 appended to notification No.12/2012-Customs, dated 17.03.2012 and are already at 5% GST rate (Chapter 90)]
5%
SERVICES
Services Accounting  Tariff Code (SAC)Description of services GST Rate approved by the GST Council
Group 99641Transport of goods by rail5%
Group 99641Transport of passengers by rail (other than sleeper class)5%
Group 99679Services of goods transport agency (GTA) in relation to transportation of goods [other than used household goods for personal use]5%
Group 99679Services of goods transport agency in relation to transportation of used household goods for personal use.5%
Group 99652Transport of goods in a vessel including services provided or agreed to be provided by a person located in non-taxable territory to a person located in non-taxable territory by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India5%
Group 99660Renting of motorcab5%
(If fuel cost is borne by the service recipient, then 18% GST will apply)
Group 99660Transport of passengers, by-5%
(i)      Air conditioned contract/stage carriage other than motorcab;
(ii)     a radio taxi.
Group 9982Legal and accounting services18%
996603Transport of passengers by air in economy class5%
Group 99676Transport  of  passengers,  with  or  without  accompanied  belongings,  by  air, embarking from or terminating in a Regional Connectivity Scheme Airport.5%
Group 99855Supply of tour operators’ services5%
998382Selling of space for advertisement in print media5%
998441Services by way of job work in relation to printing of newspapers;5%
Group 99642Transport of goods in containers by rail by any person other than Indian Railways12%
996603Transport of passengers by air in other than economy class12%
996331Supply of Food/drinks in restaurant not having facility of air-conditioning or central heating at any time during the year and not having license to serve liquor.12%
996332Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes having room tariff Rs.1000 and above but less than Rs.2500 per room per day12%
Heading No.9954Construction of a complex, building, civil structure or a part thereof, intended for sale to a buyer, wholly or partly.12%
[The value of land is included in the amount charged from the service recipient] but no refund of overflow of ITC
Heading No. 9963Supply of Food/drinks in restaurant having license to serve liquor18%
Heading No. 9963Supply of Food/drinks in restaurant  having facility of air-conditioning or central heating at any time during the year18%
Heading No. 9963Supply of Food/drinks in outdoor catering18%
996311Renting of hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes where room tariff of Rs.2500/ and above but less than Rs.5000/- per room per day18%
Group 99963Services by way of admission or access to circus, Indian classical dance including folk dance, theatrical performance, drama18%
Composite supply of Works contract as defined in clause 119 of section 2 of CGST Act18%
999791Services by way of admission to entertainment events or access to amusement facilities including exhibition of cinematograph films, theme parks, water parks, joy rides, merry-go rounds, go-carting, casinos, race-course, ballet, any sporting event such as IPL and the like;28%
Services provided by a race club by way of totalisator or a licensed bookmaker in such club;28%
999692Gambling;28%
Heading No. 9963Supply of Food/drinks in air-conditioned restaurant in 5-star or above rated Hotel28%
Heading No. 9963Accommodation in hotels including 5 star and above rated hotels, inns, guest houses, clubs, campsites or other commercial places meant for residential or lodging purposes, where room rent is Rs 5000/- and above per night per room28%
All Other services not specified18%

 

 

GST composition scheme and rate under scheme:

Composition scheme is scheme introduced for the small business owner to make compliance easy. Every taxpayer whose aggregate turnover does not exceed Rs.50 lakh threshold in a Financial Year can apply for GST composite scheme.

Prominent features of the composite scheme:

  • The respective tax payer is liable to file only quarterly return instead of monthly 3-4 returns as required under normal GST scheme.
  • The GST rates are lower than the normal GST tax-payer. The current proposed rates under GST are: 1% for manufacturers, 2.5% for restaurant service providers, 0.5% for other suppliers of turnover.
  • Any taxpayer registered under this scheme will not be eligible to take credit of Input GST Tax paid on purchase of goods and services.
  • The taxpayer registered under this scheme will not be eligible for dealing in inter-state or import & export of goods and services.

 

 

GST rate under reverse charge:

Reverse charge scheme merely means, the scheme where recipient is liable to pay tax instead of the provider. The rates applied on each transaction are same as the rates under normal GST transactions.

The government has proposed the below situations under which reverse charge can be applied:

  • Unregistered dealer selling to a registered dealer
  • Non-resident service provider
  • Goods Transport Agencies
  • Legal service by an Advocate/ Firm of Advocates
  • Arbitral Tribunal
  • Sponsorship Services
  • Specified Services provided by Government or Local Authority to Business entity
  • Services of a director to a company
  • Insurance agent
  • Recovery Agent of Bank/FI/ NBFC
  • Transportation Services on Import
  • Permitting use of Copyright
  • Radio Taxi services to E-commerce aggregator (eg: Ola, Uber, etc.)

GST compensation cess rate:

Introduction of GST, for some states may result in losses. So in order to compensate states from this kind of probable loss, GST council has introduced “GST compensation cess” on selected goods for a period of first 5 years from GST introduction. Thusin addition to 4 rate slabsdecided (i.e. 5%, 12%, 18%, and 28%), there will be a new cess with the name “GST Compensation Cess” levied on specified items for first 5 years.

 

The list of items and rates are as below:

Description of supplyTariff               item,
heading, sub- heading, Chapter, of goods or service, as the case may be
Rate for GST Compensation Cess
Pan Masala2106 90 2060%
Aerated waters2202 10 1012%
Lemonade2202 10 2012%
Others2202 10 9012%
Unmanufactured tobacco (without lime tube) –
bearing a brand name
240171%
Unmanufactured  tobacco  (with  lime  tube)  –
bearing a brand name
240165%
Tobacco refuse, bearing a brand name2401 30 0061%
Chewing tobacco (without lime tube)2403 99 10160%
Chewing tobacco (with lime tube)2403 99 10142%
Filter khaini2403 99 10160%
Jarda scented tobacco2403 99 30160%
Pan masala containing tobacco ‘Gutkha’2403 99 90204%
Non- filter
Not exceeding 65 mm2402 20 105% + Rs.1591 per thousand
Exceeding 65 mm but not 70 mm2402 20 205% + Rs.2876 per thousand
Filter
Not exceeding 65 mm2402 20 305% + Rs.1591 per thousand
Exceeding 65 mm but not 70 mm2402 20 405% + Rs.2126 per thousand
Exceeding 70 mm but not 75 mm2402 20 505% + Rs.2876 per thousand
Others2402 20 905% + Rs.4170 per thousand
Cigar and cheroots2402 10 1021% or Rs. 4170
per thousand, whichever is higher
Cigarillos2402 10 2021% or Rs. 4170
per thousand, whichever is higher
Cigarettes of tobacco substitutes2402 90 10Rs.4006 per thousand
Cigarillos of tobacco substitutes2402 90 2012.5% or Rs. 4,006
per thousand whichever is higher
Other2402 90 9012.5% or Rs. 4,006
per thousand whichever is higher
‘Hookah’  or ‘gudaku’ tobacco tobacco bearing a brand name2403 11 0072%
Tobacco used for smoking ‘hookah’or   ‘chilam’ commonly known as ‘hookah’ tobacco or ‘gudaku’2403 11 0017%
Other smoking tobacco not bearing a brand name.2403 11 9011%
Smoking mixtures for pipes and cigarettes2403 19 10290%
Other smoking tobacco bearing a brand name2403 19 9049%
Other smoking tobacco not bearing a brand name2403 19 9057%
“Homogenised”   or   “reconstituted”   tobacco,
bearing a brand name
2403 91 0072%
Preparations containing chewing tobacco2403 99 2072%
Snuff2403 99 4072%
Preparations containing snuff2403 99 5072%
Tobacco extracts and essence bearing a brand name2403 99 6072%
Tobacco extracts and essence not bearing a brand name2403 99 6065%
Cut tobacco2403 99 7020%
All  goods,  other  than  pan  masala  containing tobacco ‘gutkha’, bearing a brand name2403 99 9096%
All  goods,  other  than  pan  masala  containing tobacco ‘gutkha’, not bearing a brand name2403 99 9089%
Coal; briquettes, ovoids and similar solid fuels manufactured from coal.2701Rs.400 per tonne
Lignite, whether or not agglomerated, excluding jet2702Rs.400 per tonne
Peat  (including  peat  litter),  whether  or  not agglomerated2703Rs.400 per tonne
Motor vehicles (10<persons <13)870215%
Small Cars (length < 4 m ; Petrol<1200 cc )87031%
Small Cars (length < 4 m ; Diesel < 1500 cc)87033%
Mid Segment Cars (engine < 1500 cc)870315%
Large Cars (engine > 1500 cc)870315%
Sports Utility Vehicles (length > 4m ; engine > 1500 cc; ground clearance > 170 mm)870315%
Mid Segment Hybrid Cars (engine < 1500 cc)870315%
Hybrid  motor vehicles > 1500 cc870315%
Hydrogen vehicles based on fuel cell tech > 4m870315%
Motorcycles (engine > 350 cc)87113%
Aircrafts for personal use.88023%
Yacht and other vessels for pleasure or sports89033%

BENEFITS OF GST:-

  1. GST will provide uniformity in implementation of tax rate and end cascading effects.
  2. Enhancement of Revenue in States and Union with reduce in tax administration of these taxes.
  3. Eliminates the multiplicity of taxation which will in turn help to reduce the paper work.
  4. One Point Single Tax will be implemented under GST which will help the business community to decide their supply chain, pricing modalities and in long run will help to stabilise pricing market.

 

 

Input Credit Utilisation and Payment of GST

Input credit is taxes charges on the purchase of goods and services.

Please remember: CGST can’t be used to adjust SGST.

Thus the tax credit of CGST shall be first utilised towards the payment of output CGST and then towards the payment of output IGST.   Similarly, the tax credit SGST shall be first utilised towards the payment of output SGST and then towards the payment of output IGST.

Reference:

  1. CBEC.gov.in
  2. GST.gov.in
  3. gstcouncil.gov.in

 

I hope this article helped you to find right GST rate for your business product. We have tried to compile as much information as possible spending hours. Feel free to share this article on social media to say Thanks.