GST Tax Rates in India: The government is set to roll out GST or Goods and Services Tax from July 1. Touted as the biggest reform since Independence, the incoming indirect tax regime – GST – will subsume a variety of central and state levies. The GST Council has fitted almost all goods and services in tax slabs of 5, 12, 18 and 28 per cent. Goods and services tax is a single tax to promote trade and industry, replacing multiple levies from the manufacturer to supplier to customer, according to the Central Board of Excise and Customs (CBEC) website. Check out the complete list of GST Tax items (goods and services) and tax rates of those items PDF files from the below article.
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GST Tax Rates in India 2017 Item Wise Full List
The Goods and Services Tax rates are broadly divided into GST Rates for Goods and GST Rates for Services. The Goods and Services Tax Council has earlier set rates – ranging from 5 per cent to 28 per cent – for a multitude of goods and services under GST.
GST Rates for Goods Full List PDF File Download
We are providing the free pdf file links of GST Goods Rates for download. You can download those pdf links by clicking the below links.
GST Rates for Services Full List PDF File Download
We are providing the free pdf file links of GST Services Rates for download. You can download those pdf links by clicking the below links.
Taxes included under GST:
Here are a few taxes that will be subsumed (included) in GST:
- Central sales tax
- Service tax
- Octroi (entry tax)
- Special additional duty of customs
- Additional excise duty
- Countervailing duty
- Purchase tax
- Entertainment tax
- Central Excise duty
- State VAT
Click Here: GST Tax India Official Website
Stay tuned to this website for more updates regarding GST composition rules and formats, valuation rules, invoice, debit, and credit note rules, payment rules and formats, refund rules and formats, returns rules and formats, accounts and record rules and formats.
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