New Delhi, October 6: The GST council meeting chaired by Finance Minister Arun Jaitley on Friday announced a reduction in tax rates on 27 consumer and industrial items. Among them, many edible items including Khakra Chapati and unbranded namkeen are likely to be cheaper now. The reduction of GST rates may also make these products a Go-to Gift this Diwali.

This apart, the council also decided to make few industrial items cheaper after receiving representations from various industry bodies. Jaitley said rates on parts of diesel engine and tubewell turbine were reduced from 18 percent to 12 percent.

Jaitley said the council has decided to form a Group of Ministers (GoM). It will review the provisions of imposing taxes on customers in restaurants. Jaitley told the media persons that the rates on items like plastic and paper waste, stationary items, edible items and Ayurvedic items were also reduced.

The meet also decided jewellers will be brought out of the ambit of the Money Laundering Act. The decision was taken in the 22nd sitting of the GST Council. Similarly, no PAN card will be required for the purchase of jewellery over Rs 50,000.

GST RATE FOR FOLLOWING GOODS HAVE BEEN REDUCED

S.

No.

Chapter/

Heading/

Sub-heading/

Tariff item

Description Present GST Rate GST Rate Recommended by the GST Council
1. 0804 Mangoes sliced dried 12% 5%
2.

 

1905 or 2106 Khakra and plain chapati / roti 12% 5%
3. 19 or 21

 

Food preparations put up in unit containers and intended for free distribution to economically weaker sections of the society under a programme dulyapproved by the Central Government or any State Government, subject to specified conditions [Foot note 1] 18%

 

5 %

 

 

4. 21 Namkeens other than those put up in unit container and, –

(a) bearing a registered brand name; or

(b) bearing a brand name on which an actionable claim or enforceable right in a court of law is available [other than those where any actionable claim or enforceable right in respect of such brand name has been foregone voluntarily

[Foot note 2]

12% 5%
5. 2710 Imposing GST only on the net quantity of superior kerosene oil [SKO] retained for the manufacture of Linear Alkyl Benzene [LAB] 18% 18%

[Clarification to be issued]

6. 30 Ayurvedic, Unani, Siddha, Homeopathy medicines, other than those bearing a brand name

[Foot note 3]

12% 5%
7. 3213 Poster Colour 28% 18%
8. 3407 Modelling paste for children amusement 28% 18%
9. 3915 Plastic waste, parings or scrap 18% 5%
10. 4004 00 00 Rubber  waste, parings or scrap 18% 5%
11. 4017 00 20 Hard Rubber waste or scrap 28% 5%
12. 4707 Paper waste or scrap 12% 5%
13. 4907 Duty credit scrips 5% Nil
14. 5401 Sewing thread of manmade filaments, whether or not put up for retail sale

 

18% 12%
15. 5402, 5404, 5406 All synthetic filament yarn, such as nylon, polyester, acrylic, etc.

 

18% 12%
16. 5403, 5405, 5406

 

All artificial filament yarn, such as viscose rayon, Cuprammonium, 18% 12%
17. 5508 Sewing thread of manmade staple fibres

 

18% 12%
18. 5509, 5510, 5511 Yarn of manmade staple fibres 18% 12%
19. 5605 Real Zari 12% 5%
20.  

6802

All goods falling under heading 6802 [other than those of marble and granite or those which attract 12% GST] 28% 18%
21. 7001 Cullet or other waste or scrap of Glass

 

18% 5%
22. 8305 Fittings for loose-leaf binders or files, letter clips, letter corners, paper clips, indexing tags and similar office articles, of base metal; staples in strips (for example, for offices, upholstery, packaging), of base metal

 

28% 18%
23. 8483 Plain Shaft Bearing 8483 28% 18%
24. 84 Parts suitable for use solely or principally with fixed Speed Diesel Engines of power not exceeding 15HP

 

28% 18%
25. 84 or 85 Parts suitable for use solely or principally with power driven pumps primarily designed for handling water, namely, centrifugal pumps (horizontal and vertical), deep tube-well turbine pumps, submersible pumps, axial flow and mixed flow vertical pumps 28% 18%
26. 84 or 85 E-Waste 28%/18% 5%
27. Any Chapter Biomass briquettes 18% 5%