BusinessFeatureTop News

No tax on milk, jaggery, List of products under 0%, 5% and 12% GST slab

GST, Goods and Services Tax, Tax rate, Business NewsPhoto of fruits and vegetable.

New Delhi: Here is a cheerful news for common people as the Goods and Services Tax (GST) Council deciding the tax rate on 1,211 goods on Thursday.

 

 

Milk, jaggery, eggs, salt, fresh vegetables, fruits, contraceptives, organic manure, earthen pots, coconut, prasadam supplied by religious places like temples, mosques, churches, gurudwaras and dargahs have been exempted under GST slab.

 

Live animals, fruit juices and meat will call for a 12 per cent tax while fish has been put in the 5 per cent tax rate.

 

Butter and cheese have been placed under the 12 per cent tax rate and condensed milk under 18 per cent.

 

 

Beverages such as coffee (not instant), tea and groundnut, coal, hand pumps will attract 5 per cent tax under GST.

 

While jaggery is exempt under GST, cane sugar and beet sugar are in the 5 per cent tax slab. Bio gas plant, wind mills and kerosene lantern will also be under the 5 per cent tax rate.

 

 

Mobile phones, fountain pen ink, tooth powder, incense sticks, feeding bottles, Braille paper, children’s colouring books, umbrellas, pencil sharpeners, tractors, bicycles, contact lenses, spectacle lenses, utensils, sports goods, fishing rods, combs, pencils and hand paintings have been placed under the 12 per cent tax rate under GST.

 

Bindi, vermilion, glass bangles, handlooms, hearing aids and handmade musical instruments have also been exempt under GST. A total of 7 per cent of items have been kept zero rated.

 

The goods which will fall under 18 per cent tax rate include helmets, LPG stoves, nuclear reactors, clocks, military weapons, electronic toys and plastic buttons.

 

 

The items which have been put in the highest tax slab of 28 per cent include aerated drinks, perfumes, after-shave lotions, deodarants, clothing of furskin, razor blades, cars, revolvers, pistols,

 

 

 

The rate structure for the remaining goods — bidi wrapper leaves, biscuits, bidis, textiles, footwear, natural or cultured pearls, precious or semi-precious stones, precious metals, imitation jewellery, power driven agricultural, horticultural, forestry, poultry keeping or bee-keeping machinery and harvesting machinery have been exempted under GST.

sonalika arya
the authorsonalika arya