The 37th GST council meeting has been conducted in Goa. The GST council meeting has gone through all the pending matters of the return filing, refund, new filing system, automobile industry and hotel industry for their betterment.
There are some of the products on which the GST rates have been reduced and various other measurements taken to completely clarify the GST
Final Decisions Taken in 37th GST Council Meeting
There are a lot of decisions which have been taken by the GST council meeting chairperson union finance minister Nirmala Sitharaman. A host of these decisions have been given here below via the means of pdf:
Now the meeting has been concluded and therefore here we are updating you as per recommendations and decisions by the union finance minister Nirmala Sitharaman directly to the portal.
GST Slab Rate Changes by GST Council Members
Here is a list of principle rate revisions passed by GST Council. The rates have been decided as per the request of the industries. Here we have mentioned all the products & services on which the GST council have reduced or increased the GST rate.
Check out all the items on which the GST rates and cess have been reduced or increased:
GST Rate Revision effective from 1 October 2019
Item | Current Rate | New Rate |
Leaves and bark, Plates and Cups Made of Flowers | 5% | Nil |
Caffeinated Beverages | 18% | 28%+12% cess |
Supplies of Railways wagons & coaches (without refund of accumulated ITC) | 5% | 12% |
Outdoor Catering (without ITC) | 18% | 5% |
Diamond Job work | 5% | 1.50% |
Other Job work | 18% | 12% |
Hotels (Room Tariff of Rs.7501 or above) | 28% | 18% |
Hotels (Room Tariff from Rs 1,001 to Rs 7,500) | 18% | 12% |
Woven/ Non-woven Polyethylene Packaging bags | 18% | 12% |
Marine fuel | 18% | 5% |
Almond Milk | 18% | |
Slide fasteners | 18% | 12% |
Wet grinders (consisting of stone as a grinder) | 12% | 5% |
Dried Tamarind | 5% | Nil |
Semi-precious stones- cut & polished | 3% | 0.25% |
Specified goods for petroleum operation under HELP* | Applicable Rate | 5% |
*Hydrocarbon Exploration Licensing Policy
Item | Current Rate | New Rate |
Cess on Petrol Motor Vehicles (Capacity of 10-13 passengers) | 15% | 1% |
Cess on Diesel Motor Vehicles (Capacity of 10-13 passengers) | 15% | 3% |