GST Rates 2022 | Check List of All Goods & Services Tax Rate (Revised)

GST Rates Chart | Check List of All Goods & Services Tax Rate | GST Rates List PDF | Changes In GST Rates On Services

Table of Contents

GST Rates Revision in the 42nd GST Council Meeting

The 42nd GST council meeting was conducted on October 5, 2020. In the 42nd GST Council meeting, the rate of GST was revised and the following GST Rates decisions were made.

Sanitizers that aren’t based on alcohol will continue to be taxed at an 18 percent rate.
To promote space launching services in India, ISRO, Antrix Corporation, and New Space India Limited (NSIL) have offered GST exemptions to satellite launch services.

GST Rates Revision in the 39th GST Council Meeting

The 39th GST Council meeting was held in New Delhi on Saturday, March 14, 2020.In the 39th GST Council meeting, the GST rate was revised.The new rates went into effect on April 1, 2020. The rate reduction announced during the 39th GST Council meeting are as follows:

Item	Old Rate	New Rate
Aircraft MRO (Maintenance, Repair, Overhaul) services	18%	5% (with full ITC)
Handmade matches	5%	12%
Other than handmade matches	18%	12%
Mobile phones and specified parts	12%	18%

38th GST Council Meeting GST Rates Revision

On Wednesday, December 18, 2019, the 38th GST Council meeting was held in New Delhi. In the 38th GST Council meeting, the GST rate was revised. Changes to the GST rate for lottery began on March 1, 2020, and for bags and sacks began on January 1, 2020. At the 38th GST Council meeting, the following rate cuts were announced:

Item	Old Rate	New Rate
Woven and non-woven fabrics	12%	18%
Lotteries (State-authorised)	28%	28%
Lotteries (State-owned)	12%	28%
Sacks of Polythene and Polypropylene in nature	12%	18%

GST Rates Revision in the 37th GST Council Meeting

On Friday, 20th September 2019 the GST Council held its 37th meeting in Goa. In the 37th GST Council meeting, the GST rate was revised. The new GST rates went into effect on October 1, 2019. The rate reduction announced during the 37th GST Council meeting are as follows:

Item	Old Rate	New Rate
Dried Tamarind	5%	Nil
Supplies of Railways wagons & coaches (without refund of accumulated ITC)	5%	12%
Caffeinated Beverages	18%	28%+12% cess
Hotels (Room Tariff from Rs 1,001 to Rs 7,500)	18%	12%
Hotels (Room Tariff of Rs.7501 or above)	28%	18%
Outdoor Catering (without ITC)	18%	5%
Other Job work	18%	12%
Diamond Job work	5%	1.50%
Marine fuel	18%	5%
Woven/ Non-woven Polyethylene Packaging bags	18%	12%
Wet grinders (consisting of stone as a grinder)	12%	5%
Almond Milk		18%
Slide fasteners	18%	12%
Specified goods for petroleum operation under HELP*	Applicable Rate	5%
Plates and cups made of flowers, leaves, and bark	5%	Nil
Semi-precious stones- cut & polished	3%	0.25%

TDS Rate Chart FY 2021 – 22

Policy on Hydrocarbon Exploration Licensing

Item	Current Rate	New Rate
Cess on Diesel Motor Vehicles (Capacity of 10-13 passengers)	15%	3%
Cess on Petrol Motor Vehicles (Capacity of 10-13 passengers)	15%	1%

GST Exemption Possible Items

GST exemption is possible for the following items:

Imports of some defense goods that aren’t made in the United States (up to 2024)
Providing supplies to the Food and Agriculture Organization (FAO) in India for certain initiatives.
For the FIFA Under-17 Women’s Football World Cup in India, supplies would be made to FIFA-specified individuals.
Specific agencies are allowed to import Silver or Platinum (Diamond India Ltd)
Specific agencies (Diamond India Ltd) supply silver/platinum for export.

GST Rates Revision in the 36th GST Council Meeting

On Saturday, 27th July 2019the GST Council held its 36th meeting via video conference. In the 36th GST Council meeting, the GST rate was revised. Local authorities are provided a complete exemption from hiring e-buses with a seating capacity of more than 12 people. After the CBIC notification, it went into force on August 1, 2019. The rate reduction announced during the 36th GST Council meeting are as follows:

Items	Before	After
Electric chargers	18%	5%
Electric vehicles	12%	5%

GST Rates Revision in the 33rd GST Council Meeting

Finance Minister Arun Jaitley presided over the meeting. The real estate market was in the spotlight. This was the first one following the 2019 Interim Budget. The GST rates for under-construction houses were cut without the benefit of an ITC, there were no modifications to the GST rates on lottery tickets or cement. The meeting of the 33rd GST Council had been delayed from February 20th to February 24th, 2019.

Income Tax Deductions

31st GST Council Meeting GST Rates Revision

The GST Council had its 31st meeting on December 22, 2018. The GST rates for 23 items and three services have been updated. The following is a simplified representation of the rate cuts for both goods and services:

List of Goods or Services	Changes in Tax Rate
Music Books	12% to Nil
Vegetables cooked/uncooked via steamed, frozen, or boiled (branded)	5% to Nil
Vegetables provisionally preserved but unsuitable for immediate consumption	5% to Nil
Natural cork	12% to 5%
Parts for manufacturing renewable energy devices falling under chapters 84, 85, or 94 of Tariff	5%
Agglomerated cork	18% to 12%
Articles of Natural cork	18% to 12%
Walking sticks	12% to 5%
Marble rubble	18% to 5%
Fly ash blocks	12% to 5%
Cork roughly squared or debugged	18% to 12%
Premium on Third-party insurance on Vehicles	18% to 12%
Movie Tickets < or = Rs 100	18% to 12%
Power banks	28% to 18%
Accessories for Handicapped Mobility Vehicles	28% to 5%
Colour Television Sets & monitors up to “32 Inches”	28% to 18%
Digital & Video Camera recorders	28% to 18%
Video game consoles, types of equipment used for Billiards and Snooker, and other sport-related items of HSN code 9504	28% to 18%
Retreated & used pneumatic Rubber Tyres	28% to 18%
Pulleys, transmission shafts, cranks, and gearboxes under HSN 8483	28% to 18%
The tax rate on Air travel of pilgrims reduced*	28% to 18%

For religious pilgrimage travel by non-scheduled/chartered operations facilitated by the GoI under bi-lateral agreements.GST is now levied as follows on the composite supply of products attracting a 5% GST rate when it is supplied in conjunction with the provision of construction services and other commodities for a solar power plant:
70% of the value is deemed a supply of goods and is subject to a 5% GST.
The remaining 30% of the EPC contract value is service supply, which is taxed at the regular rate.
A 5%/18% rate will be charged dependent on the transaction value of the footwear.
From the current 5%/12% GST rate on Flexible Intermediate Bulk Containers (FIBC), a uniform GST rate of 12 percent will be implemented (depending on the value).

Services Considered for Exemption

The Services that have been considered for exemption are as follows:

Rehabilitation specialists recognized under the Rehabilitation Council of India Act, 1992 provide services at government-run hospitals, schools, and rehabilitation centers, as well as charitable organizations registered under Section 12AA of the Income Tax Act, 1961.
The government provides loan guarantee services to its undertakings and PSUs for bank loans.
Under the Pradhan Mantri Jan Dhan Yojana, banks provide services to Basic Savings Bank Deposit (BSBD) account holders (PMJDY)

Exemption-Recommended Items

Vehicles imported for a limited time under the Customs Convention on Temporary Importation of Private Road Vehicles (carnet de passages-en-douane) will be excluded from the IGST and Compensation.
Nominated Agencies supply gold to exporters of gold jewelry articles.
The proceeds of an auction of presents received by the President, Prime Minister, Governor, or Chief Minister of a State, and public workers, with the revenues going to a public or charitable cause.

Income Tax Slabs

GST Rate Revision in the 28th GST Council Meeting

The 28th GST Council Meeting took place on July 21, 2018. The GST rates for 45 items and two services have been updated.

Items	New Rate	Old rate
Circulation and commemorative coins	Nil	5%
Rakhi (other than that of precious or semi-precious material )	Nil	18%
Sal leaves and their products	Nil	18%
Sanitary Napkins	Nil	12%
Phosphoric Acid (fertilizer grade only)	5%	12%
Stone/Marble/Wood Deities	Nil	5%
Raw material for broom	Nil	12%
Knitted cap/topi having retail sale value exceeding Rs. 1000	5%	12%
Coir pith Compost	Nil	5%
Chenille fabrics and other fabrics under 5801	5%	12%
Handloom dari	5%	12%
Khali dona	Nil	18%
Handmade Carpets, Textile Floor, Coverings	5%	12%
Solid Biofuel pellets	5%	18%
Bamboo Flooring	12%	18%
Ethanol for sale to oil marketing companies for blending with fuel	5%	18%
Kota Stones and Similar Stones (other than polished)	5%	18%
Marine Engine	5%	28%
Handicrafts (Excluding handmade)	12%	18%
Hand Operated Rubber Roller	12%	18%
Glaziers’ putty, grafting putty, resin cement	18%	28%
Zip and Slide Fastener	12%	18%
Brass Kerosene Pressure Stove	12%	18%
Handbags including pouches and purses; jewelry box	12%	18%
Fuel Cell vehicle	12%	28%
Televisions up to 68 cm	18%	28%
Vacuum Cleaners	18%	28%
Refrigerators, freezers, water cooler, milk coolers, ice cream freezer	18%	28%
Washing Machines	18%	28%
Food Grinders & mixer	18%	28%
Shaver’s, Hair Clippers	18%	28%
Paints and Varnishes (including enamels and lacquers)	18%	28%
Immersion heaters	18%	28%
Hair Cleaners	18%	28%
Storage water heaters	18%	28%
Toilet Sprays	18%	28%
Lithium-ion batteries	18%	28%
Electric Smoothing irons	18%	28%
Scent Sprays	18%	28%
Hair Dryers, Hand Dryers	18%	28%
Pads for application of cosmetics or toilet preparations	18%	28%
Work Trucks (Self-propelled, not fitted with lifting or handling equipment)	18%	28%
Powder Puffs	18%	28%
Trailers & Semi-trailers	18%	28%
Special purpose motor vehicles	18%	28%

7th Pay Commission Chart

Recent changes in GST Rates on Services

The recent changes announced during the 28^thGST Council meeting are given in the table below:

Services	New GST Rates	Old GST Rates
Supply of Multimodal Transportation	12%	Nil
Supply of e-books	5%	18%

Exempt Services List of 28th GST Council Meeting

The exempted service list of the 28th GST Council meeting are given in the table below:

Farmers or Agriculture	Services supplied in the form of small forest produce warehousing Services for artificial insemination of cattle (other than horses) Services offered by DISCOMS for extending the power distribution network for agricultural usage, including installation and commissioning.FSSAI services for food enterprises
Government	Government assistance to ERCC through the assignment of the right to collect royalties from mining leaseholders.Guarantees provided by the federal and state governments to their undertakings/Public Sector Undertakings
Senior Citizens	Services supplied by state/federal government-run old age homes to residents over 60 years of age for up to Rs. 25000 GST-free administrative charge collected by National Pension System TrustServices offered to PF subscribers by the Coal Mines Provident Fund Organization
Miscellaneous	Instead of the declared tariff, GST rate slabs would be applied to the real pricing for hotel services. Services imported by foreign diplomatic missions, the United Nations, and other international organizations
Banking, finance, and insurance	Insurance services to insurance schemes like the Pradhan Mantri National Health Protection Mission

GST Rates Revision in the 25th GST Council Meeting

According to the 25th GST Council meeting held on January 18, the GST Council issued the much-anticipated pronouncements about tax rates on various categories of commodities at Vigyan Bhavan in Delhi. For a long time, there has been a lot of buzz about these prices, and now they are officially available to the public.

Services	Reduced or increased
Old and used motor vehicles, Medium and large cars and SUVs without ITC, Public transport Buses that run on Biofuel, Services of joy rides, Go-karting	Reduced from 28% to 12%
Goods like Vibhuti, De-oiled rice bran, and parts used to manufacture hearing aids	taxed at 0%
LPG for household use, Mehndipastes in cones, Tamarind Kernel Powder, Services of Tailoring, Raw materials, and Consumables needed for Launch vehicles/satellites	Reduced from 18% to 5%
Rice bran or other than de-oiled rice bran	Increased from 0% to 5%
Articles of straw, of esparto or other plaiting materials, Velvet fabric Without Refund of ITC	Reduced from 12% to 5%-
Cigarette filter rods	Rate Increased from 12% to 18%
Diamonds and precious stones	Reduced from 3% to 0.25%
Drinking water packed in 20 liters bottles, sprinklers, Biodiesel, Sugar boiled Confectionery, Drip irrigation system, mining of petrol crude services of construction of metro / mono-rail	Reduced from 18% to 12%

TDS Rate Chart

Exempt Services List of 25th GST Council Meeting

The Services included in the Exemption List are:

Legal services provided to Government
Providing information under RTI Act, 2005
Admission to, or conduct of examination provided to all educational institutions including any service of conducting entrance examinations on a collection of entrance fees.

GST Rates Revision in the 23rd GST Council Meeting

GST Rates for 178 commodities were decreased from 28 percent to 18 percent at the 23rd GST Council meeting on November 10, 2017.

Under the composition scheme, the GST rate for manufacturers and traders is 1%.
Reduced from 18% to 12% – Condensed milk, refined sugar, diabetic food
Reduced from 28% to 12% – Wet grinders, tanks
28% to 18% Reduction W.e.f. 15th Nov 2017 – Shampoo, Perfume, tiles, watches
Reduced from 12% to 5% – Desiccated coconut, idlidosa batter, coir products
Reduced from 5% to Nil – Duar meal, Khansari sugar, dried vegetables
Outdoor catering continues to be charged at 18% with the availability of ITC on inward supplies.
For Restaurants within hotels, and room tariff greater than Rs. 7,500 the GST rate is 18% and credit of ITC paid on inward supplies can be availed.
For Restaurants within hotels, and room tariff less than Rs. 7,500 the GST rate is 5%. Also, the credit of ITC paid on inward supplies cannot be taken.

GST Rates Structure Under 5%, 12%, 18%, and 28%

The GST slabs are 5 percent, 12 percent, 18 percent, and 28 percent, as we well know. The tax structure for common-use products are as follows, according to the latest GST news from the GST council:

Tax GRates	Products
0%	Lassi	Children’s Drawing & Colouring Books
0%	Eggs	Educations Services
0%	Curd	Health Services
0%	Unbranded Natural Honey	Prasad
0%	Unpacked Foodgrains	Unbranded Atta
0%	Unpacked Paneer	Unbranded Maida
0%	Gur	Besan
0%	Milk	Kajal
0%	Salt	PhoolBhariJhadoo
0%	Fresh Vegetables	Palmyra Jaggery
5%	Edible Oils	Raisin
5%	Sugar	Packed Paneer
5%	Tea	Coal
5%	PDS Kerosene	Skimmed Milk Powder
5%	Fabric	Coir Mats, Matting & Floor Covering
5%	Domestic LPG	Roasted Coffee Beans
5%	Cashew Nuts	Footwear (< Rs.500)
5%	Milk Food for Babies	Apparels (< Rs.1000)
5%	Life-saving drugs	Coffee (except instant)
5%	Spices	Agarbatti
5%	Coal	Mishti/Mithai (Indian Sweets)
12%	Almonds	Mobiles
12%	Butter	Computers
12%	Ghee	Processed food
12%	Packed Coconut Water	Umbrella
12%	Fruit Juice	Preparations of Vegetables, Fruits, Nuts or other parts of Plants including Pickle Murabba, Chutney, Jam, Jelly
18%	Soap	Ice-cream
18%	Hair Oil	Capital goods
18%	Toothpaste	Industrial Intermediaries
18%	Corn Flakes	Computers
18%	Soups	Printers
18%	Pasta	Toiletries
28%		Luxury & sin items like BMWs, cigarettes, and aerated drinks (+15% cess)
28%	Consumer durables such as AC and fridge	Beedis are NOT included here
28%	Small cars (+1% or 3% cess)	High-end motorcycles (+15% cess)

A few other items were included in the Council’s announcement of GST Rates in addition to the above. These are the items, as well as the GST Rates that apply to them: