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 item Description of goods  GST Rate approved by the GST Council
01012100,
010129
Live horses 12%
0101 to 0106 All live animal other
than live horses
0%
0202, 0203, 0204, 0205, 0206, 0207, 0208, 0209 All goods in frozen state and put up in unit containers 12%
0303, 0304, 0305, 0306, 0307, 0308 All goods (other than fish seeds, prawn / shrimp seed)  processed, cured or in frozen state 5%
04029110, 04029920 Condensed milk 18%
0405, 0406 Butter and other fats (ghee, butter oil, etc.) and oils derived
from milk; dairy spreads and cheese
12%
0401, 0402,  0403,  0404, 0409, 0410 Cream, 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%
0801 Cashew nut 5%
0801, 0802,  0804, 0413 Brazil 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%
0806 Raisin 5%
0901, 0902,  0903,  0904, 0906,  0907,  0908, 0910 Coffee, 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.
1104 Cereal grains hulled 0%
1702 Palmyra jaggery 0%
1801, 1802, 1803, Cocoa beans 5%
1804, 1805, 1806 Cocoa butter, fat and oil, cocoa powder, not containing added sugar or sweetening matter and Chocolates and other food preparations containing cocoa 28%
1901, 1902, 1903, 1905 bread, pastry and other baker’s wares, Rusks, toasted bread and similar toasted products 5%
1901, 1902, 1903, 1905 32, 1905 9010 Corn flakes,Pasta, Waffles and wafers, Pastries and cakes 18%
20
[All goods]
Preparations of vegetables, fruits, nuts or other parts of plants, including pickle, murabba, chutney, jam, jelly 12%
2103,  2103
00, 2103 90
90
Ketchup & Sauces [other than curry paste; mayonnaise and salad dressings; mixed condiments and mixed seasonings], Mustard sauces 12%
2103 90 10,
2103 90 30,
2103 90 40
Curry paste; mayonnaise and salad dressings; mixed condiments and mixed seasonings 18%
2106 Bari made of pulses including mungodi 12%
2105, 2106 Ice cream , All kinds of food mixes including instant food mixes, soft drink concentrates, Sharbat, Betel nut 18%
2201 90 10 Ice and snow 5%
2501 Salt, all types 0%
2601 to 2617 All ores and concentrates 5%
27 Bio gas and (LPG) for supply to household domestic consumers 5%
28 Dicalcium phosphate (DCP) of animal feed grade conforming to IS specification No.5470 : 2002 0%
30 Insulin 5%
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 10 Handmade safety matches 5%
3304 20 00 Kajal [other than kajal pencil sticks] Nil
3304 20 00 Kajal pencil sticks 18%
3307 Agarbatti 5%
3407 Dental wax 18%
3822 All diagnostic kits and reagents 12%
Feeding bottles. 12%
3901 to 3923 Primary 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 10 Floor 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%
3926 Plastic beads 12%
3926 90 99 Plastic Tarpaulin 18%
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%
47 Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard 18%
4801 Newsprint, in rolls or sheets 5%
4802, 4804, 4805, 4806 20 00, 4806 40 10, 4807, 4808, 4810, 4817 Uncoated paper and paperboard, uncoated kraft paper, greaseproof paper, glassine paper, composite paper etc 12%
4803, 4806, 4811, 4817 Toilet 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%
4814 Wall paper and similar wall coverings 28%
4901 Brochures, leaflets and similar printed matte 5%
4909, 4910 Printed or illustrated postcards, Calendars 12%
4820, 4903,4906 Exercise 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%
4823 Kites 5%
4903 Children’s’  picture,  drawing  or  colouring books Nil
57 Coir mats, matting and floor covering 5%
65
[All goods]
Headgear and parts thereof 18%
66 (All goods) Umbrellas, sun umbrellas, walking-sticks, seat-sticks, whips, ridingcrops and parts thereof 12%
6703 Human hair, dressed, thinned, bleached or otherwise worked 0%
68 Fly ash blocks 12%
6810 11 90 Pre cast Concrete Pipes 18%
6906 Salt Glazed Stone Ware Pipes 18%
7015 10 Glasses  for  corrective  spectacles  and  flint buttons 12%
71 Rough precious and semi-precious stones 0.25%
72 ( all goods) Iron and steel 18%
75
(All Goods)
Nickel and articles thereof 18%
7607 Aluminium foil 18%
78
(All Goods)
Lead and articles thereof 18%
79
(All Goods)
Zinc and articles thereof 18%
8215 Spoons,    forks,    ladles,   skimmers,   cake servers, fish knives, tongs 12%
85 Renewable 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%
8517 Telephones for cellular networks or for other wireless networks 12%
8308 All goods, including hooks and eyes 18%
84 PawanChakki that is Air Based Atta Chakki 5%
84 Fixed Speed Diesel Engines 12%
4011 Rear Tractor tyres and rear tractor tyre tubes 18%
8708 Rear Tractor wheel rim, tractor centre housing, tractor housing transmission, tractor support front axle 18%
8423        &
9016
Weighing Machinery [other than electric or electronic weighing machinery] 18%
8443 Printers [other than multifunction printers] 18%
8482 Ball bearing, Roller Bearings, Parts & related accessories 18%
8504 Transformers Industrial Electronics 18%
8504 Electrical Transformer 18%
8504 Static Convertors (UPS) 18%
8521 Recorder 18%
8525 CCTV 18%
8525 60 Two-way  radio  (Walkie  talkie)  used  by defence, police and paramilitary forces etc. 12%
8528 Set top Box for TV 18%
8528 Computer monitors not exceeding 17 inches 18%
8539 Electrical Filaments or discharge lamps 18%
8544 Winding Wires 18%
8544 Coaxial cables 18%
8544 70 Optical Fiber 18%
8472 Perforating or stapling machines (staplers), pencil sharpening machines 18%
8715 Baby carriages 18%
9002 Intraocular lens 12%
9001 Spectacles, contact lens 12%
9022 Apparatus based on the use of X-rays or of alpha, beta or gamma radiations, for medical, surgical, dental or veterinary uses 12%
9017 Instruments for measuring length, for use in the hand (for example, measuring rods and tapes, micrometers, callipers) 18%
9403 Bamboo furniture 18%
9504 Playing cards, chess board, carom board and other board games, like ludo, etc. [other than Video game consoles and Machines] 12%
9506 Swimming pools and padding pools 18%
9603 10 00 Muddhas made of sarkanda and phoolbaharijhadoo 0%
9704 Postage   or   revenue   stamps,   stamp-post marks, first-day covers, etc. 5%
9705 Numismatic coins 5%
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 99641 Transport of goods by rail 5%
Group 99641 Transport of passengers by rail (other than sleeper class) 5%
Group 99679 Services of goods transport agency (GTA) in relation to transportation of goods [other than used household goods for personal use] 5%
Group 99679 Services of goods transport agency in relation to transportation of used household goods for personal use. 5%
Group 99652 Transport 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 India 5%
Group 99660 Renting of motorcab 5%
(If fuel cost is borne by the service recipient, then 18% GST will apply)
Group 99660 Transport of passengers, by- 5%
(i)      Air conditioned contract/stage carriage other than motorcab;
(ii)     a radio taxi.
Group 9982 Legal and accounting services 18%
996603 Transport of passengers by air in economy class 5%
Group 99676 Transport  of  passengers,  with  or  without  accompanied  belongings,  by  air, embarking from or terminating in a Regional Connectivity Scheme Airport. 5%
Group 99855 Supply of tour operators’ services 5%
998382 Selling of space for advertisement in print media 5%
998441 Services by way of job work in relation to printing of newspapers; 5%
Group 99642 Transport of goods in containers by rail by any person other than Indian Railways 12%
996603 Transport of passengers by air in other than economy class 12%
996331 Supply 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%
996332 Renting 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 day 12%
Heading No.9954 Construction 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. 9963 Supply of Food/drinks in restaurant having license to serve liquor 18%
Heading No. 9963 Supply of Food/drinks in restaurant  having facility of air-conditioning or central heating at any time during the year 18%
Heading No. 9963 Supply of Food/drinks in outdoor catering 18%
996311 Renting 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 day 18%
Group 99963 Services by way of admission or access to circus, Indian classical dance including folk dance, theatrical performance, drama 18%
Composite supply of Works contract as defined in clause 119 of section 2 of CGST Act 18%
999791 Services 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%
999692 Gambling; 28%
Heading No. 9963 Supply of Food/drinks in air-conditioned restaurant in 5-star or above rated Hotel 28%
Heading No. 9963 Accommodation 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 room 28%
All Other services not specified 18%

 

 

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 supply Tariff               item,
heading, sub- heading, Chapter, of goods or service, as the case may be
Rate for GST Compensation Cess
Pan Masala 2106 90 20 60%
Aerated waters 2202 10 10 12%
Lemonade 2202 10 20 12%
Others 2202 10 90 12%
Unmanufactured tobacco (without lime tube) –
bearing a brand name
2401 71%
Unmanufactured  tobacco  (with  lime  tube)  –
bearing a brand name
2401 65%
Tobacco refuse, bearing a brand name 2401 30 00 61%
Chewing tobacco (without lime tube) 2403 99 10 160%
Chewing tobacco (with lime tube) 2403 99 10 142%
Filter khaini 2403 99 10 160%
Jarda scented tobacco 2403 99 30 160%
Pan masala containing tobacco ‘Gutkha’ 2403 99 90 204%
Non- filter
Not exceeding 65 mm 2402 20 10 5% + Rs.1591 per thousand
Exceeding 65 mm but not 70 mm 2402 20 20 5% + Rs.2876 per thousand
Filter
Not exceeding 65 mm 2402 20 30 5% + Rs.1591 per thousand
Exceeding 65 mm but not 70 mm 2402 20 40 5% + Rs.2126 per thousand
Exceeding 70 mm but not 75 mm 2402 20 50 5% + Rs.2876 per thousand
Others 2402 20 90 5% + Rs.4170 per thousand
Cigar and cheroots 2402 10 10 21% or Rs. 4170
per thousand, whichever is higher
Cigarillos 2402 10 20 21% or Rs. 4170
per thousand, whichever is higher
Cigarettes of tobacco substitutes 2402 90 10 Rs.4006 per thousand
Cigarillos of tobacco substitutes 2402 90 20 12.5% or Rs. 4,006
per thousand whichever is higher
Other 2402 90 90 12.5% or Rs. 4,006
per thousand whichever is higher
‘Hookah’  or ‘gudaku’ tobacco tobacco bearing a brand name 2403 11 00 72%
Tobacco used for smoking ‘hookah’or   ‘chilam’ commonly known as ‘hookah’ tobacco or ‘gudaku’ 2403 11 00 17%
Other smoking tobacco not bearing a brand name. 2403 11 90 11%
Smoking mixtures for pipes and cigarettes 2403 19 10 290%
Other smoking tobacco bearing a brand name 2403 19 90 49%
Other smoking tobacco not bearing a brand name 2403 19 90 57%
“Homogenised”   or   “reconstituted”   tobacco,
bearing a brand name
2403 91 00 72%
Preparations containing chewing tobacco 2403 99 20 72%
Snuff 2403 99 40 72%
Preparations containing snuff 2403 99 50 72%
Tobacco extracts and essence bearing a brand name 2403 99 60 72%
Tobacco extracts and essence not bearing a brand name 2403 99 60 65%
Cut tobacco 2403 99 70 20%
All  goods,  other  than  pan  masala  containing tobacco ‘gutkha’, bearing a brand name 2403 99 90 96%
All  goods,  other  than  pan  masala  containing tobacco ‘gutkha’, not bearing a brand name 2403 99 90 89%
Coal; briquettes, ovoids and similar solid fuels manufactured from coal. 2701 Rs.400 per tonne
Lignite, whether or not agglomerated, excluding jet 2702 Rs.400 per tonne
Peat  (including  peat  litter),  whether  or  not agglomerated 2703 Rs.400 per tonne
Motor vehicles (10<persons <13) 8702 15%
Small Cars (length < 4 m ; Petrol<1200 cc ) 8703 1%
Small Cars (length < 4 m ; Diesel < 1500 cc) 8703 3%
Mid Segment Cars (engine < 1500 cc) 8703 15%
Large Cars (engine > 1500 cc) 8703 15%
Sports Utility Vehicles (length > 4m ; engine > 1500 cc; ground clearance > 170 mm) 8703 15%
Mid Segment Hybrid Cars (engine < 1500 cc) 8703 15%
Hybrid  motor vehicles > 1500 cc 8703 15%
Hydrogen vehicles based on fuel cell tech > 4m 8703 15%
Motorcycles (engine > 350 cc) 8711 3%
Aircrafts for personal use. 8802 3%
Yacht and other vessels for pleasure or sports 8903 3%

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.