What are the GST rates in India?

1 Answer

Answer :

GST (Goods and Services Tax) has implemented in India with effect from 1st of June 2017, replacing the sales tax imposed by states with different tax rates on each states. Now all over India there is a unique tax rate system. And the rate of tax for different type of products and services are as given below. GST Tax Rates For Different Products and Services Goods with 5% Tax rate on GST Fish Fillet Cream - Milk Powder Paneer Frozen Vegetables Pizza Bread - Rusk Sabudana Tea - Coffee - Spices Medicines - Stent Cane - Beet Sugar Lifeboats Kerosene - Coal Goods with 18% Tax rate on GST Flavored Sugar Pasta Cornflakes Pastries and Cakes Preserved Veggies Jams and Sauces Soups Instant Food Mixes Ice Cream Mineral Water LPG Stoves Helmets Tissues Napkins Envelopes Note Books Steel Products Printed Circuits Camera Speakers Monitors Electronic Toys  Goods with 28% Tax rate on GST Chewing Gum Chocolate Waffles Wafers Pan Masala Cold Drinks Paint Shaving Creams Deodorants After Shave Shampoo Hair Dye Sunscreen Wallpaper Flooring Tiles Water Heater Dishwasher Weighing Machine Washing Machine ATM Vacuum Cleaner Shavers - Hair Clippers Automobiles Motorcycles Goods with 0% Tax on GST - Tax Free Goods Bindi - Sindoor Stamps Judicial Papers Printed Books Newspapers Glass Bangles Handloom Metro Travel Local Train Tickets Fresh Meat Raw Fish Raw Chicken Eggs Fruits - Vegetables Salt - Butter Milk Milk - Bread Flour - Besan Honey - Curd Services with 5% Tax on GST Transport Services Railways Flights Taxi Services - Ola, Uber Small Restaurants (below 50 lakh turnover) Bio Gas Plant Wind Mills Services with 12% Tax on GST Flight Ticket (Business Class) Non-AC Hotels Fertilisers Work Contracts Services with 18% Tax on GST Branded Garments AC Hotels with Liquor License Telecom Services IT Services Financial Services These are the latest GST rates in India as of June 2017

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