Finance Minister Nirmala Sitharaman on Friday announced key decisions taken in the 45th meeting of the GST Council. /p>
Here are the major GST rate changes in relation to goods:
Description | From | To |
Retro fitment kits for vehicles used by the disabled | Applied rate | 5% |
Fortified Rice Kernels for schemes like ICDS etc | 18% | 5% |
Medicine Keytruda for treatment of cancer | 12% | 5% |
Biodiesel supplied to OMCs for blending with diesel | 12% | 5% |
Ores and concentrates of metals such as iron, copper, aluminium, zinc and few others | 5% | 18% |
Specified Renewable Energy Devices and parts | 5% | 12% |
Cartons, boxes, bags, packing containers of paper etc. | 12%/18% | 18% |
Waste and scrap of polyurethanes and other plastics | 5% | 18% |
All kinds of pen | 12%/18% | 18% |
Railway parts, locomotives & other goods in Chapter 86 | 12% | 18% |
Miscellaneous goods of paper like cards, catalogue, printed material (Chapter 49 of tariff) | 12% | 18% |
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