Goods and Simple tax (GST) is an indirect tax throughout India to replace all taxes levied by the central and state governments. It is introduced as The Constitution (122 Amendment) Act 2017, following the passage of Constitution 122nd Amendment Bill. The GST is governed by GST Council of India and its Chairman is Finance Minister of India. Under GST, goods and Simple Tax will be taxed at the following rates, 0%, 5%, 12%, 18%, 28%. There is a special rate of 0.25% on rough precious and semi-precious stones and 3% on gold. GST is now in effect in India from 1st july 2017,

The following taxes will be bound together by the GST:

Central Excise Duty
Commercial Tax
Purchase Tax
Luxury Tax
Entertainment Tax
Entry Tax
Advertisement tax
Service Tax
Customs Duty
Value Added Tax (VAT)
Food Tax
Central Sales Tax (CST)

Gold & Gems & Jewellery – 3%
Rough Diamonds – 0.25%
All Biscuits – 18%
Footwear less than Rs. 500 – 5%
Footwear above Rs. 500 – 18%
Readymade garments – 12%
Textiles – 5%
Yarn & Fabric Cotton – 5%

0% GST Rates Items –

Wheat, rice, other grains, flour, meal, flour, chuda, Mudi (puffed rice), bagasse, bread, sugar, milk, yogurt, buttermilk, open cheese, eggs, meat, fish, honey, fresh fruits and vegetables, offerings, salt, rock / black salt, saffron, dot, vermilion, bangles, betel leaf, stamp papers, court papers, Post postcards / envelopes, books, slate-pencil, chalk, newspapers, magazines, maps, atlas, Globe, handloom, pottery, used in farming and Gypsy tools, seeds, organic brands without brands, all types of contraception, blood, hearing machine.

5% GST Rates Items –

Branded grains, branded flour, branded honey, sugar, tea, coffee, desserts, edible oil, skimmed milk powder, children’s milk food, rusk, pizza bread, toast bread, pastry mix, processed / frozen fruit-vegetables, packing paneer , Dry fish, newsprint, brochures, leaflet, ration kerosene, kitchen gas, broom, cream, spices, juice, sago, herbs, cloves, cinnamon, nutmeg, life preservative drugs, stent, blood vaccine. Petititis diagnosis kit, drug formulation, crutch, wheelchair, tricycle, lifeboat, hand pump and its parts, solar water heater, renewable energy equipment, brick, clay tiles, bicycle-rickshaw tires, coal, lignite, coke, coal gas, all Side (ore) and concentrate, ration kerosene, LPG

12% GST Rates Items –

Salt, Bhujia, Butter Oil, Ghee, Mobile Phone, Dry Fruit, Fruit and Vegetable Juice, Soy Milk Juice and Drinks with Milk, Processed / Frozen Meat-Fish, Agarbatti, Candle, Ayurvedic-Greek-Siddha- Homey Drugs, Gauge, Bandage, Plaster, Orthopedic Equipment, Tooth Powder, Sewing Machine and its Needle, Bio Gas, Exercise Book, Kraft Paper, Paper Box, Children’s Drawing and Color Book, Printed Card, Glasses Lens, Pencil Sharpener, knife, Coir Mattress, LED lights, kitchen and ceramic items toilet, steel, copper and aluminum utensils, electric vehicle, bicycle and parts, sporting goods, bicycles as toys, cars and scooters, art work, marble / granite Block, umbrella, walking stick, flame bricks, comb, pencil, crayon, aluminum utensil

18% GST Rates Items –

Hair oil, soap, toothpaste, corn flakes, pastry, cake, jam-jelly, ice cream, instant food, sugar confectionary, food mix, soft drinks concentrate, diabetic food, nicotine gum, mineral water, hair oil, soap, toothpaste, coir Mattress, cotton pillow, register, account book, notebook, eraser, fountain pen, napkin, tissue paper, toilet paper, camera, speaker, plastic product, helmet, cans, pipe, sheet, insecticide, refra Household items made of kerati cement, biodiesel, plastic tubes, pipes and household items, ceramic-porcelain-china, glass bottle-jars, steel-to-bars-angle-tube-pipe-nuts-bolts, LPG stoves , Electric motor and generator, optical fiber, glasses frame, goggles, handicap car, aluminum scrap.

28% GST Rates Items –

Custard powder, instant coffee, chocolate, perfume, shampoo, accessories beauty or make-up, Diodrent, hair dye / cream, powder, skin care products, sunscreen lotions, manicure / pedicure products, shaving cream, razor, aftershave, liquid soap, detergent , aluminum Fwayl, TVs, refrigerators, washing machines, vacuum cleaners, dishwashers, electric heater, electric hot plates, printers, photocopy and fax machines, leather plant Vodka, Videogames, Video Game Console, Cement, Paint-Varnish, Potti, Ply Board, Marble / Granite (No Block), Plaster, Mica, Steel Pipe, Tiles and Ceramics Products, Plastic Floor Covering and Bath Fittings, Car -Bus truck trucks-tires, lamps, light fittings, aluminum door-window frames, insulated wire-cables.


Goods and Simple Tax

Goods and Simple Tax

Goods and Simple Tax

Goods and Simple Tax