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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
GST Rates:
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.
Chapter wise GST Rate Schedule for Goods decided in the GST Meeting held on 18.05.2017
Chapter wise rate wise GST Schedule – 03.06.2017
GST Compensation Cess rates decided in the GST Meeting held on 18.05.2017
Addendum to the GST Rate Schedule – 18.05.2017
Addendum to the GST Rate Schedule – 03.06.2017
IGST Exemption, Concession List – 03.06.2017
GST rates approved by the GST Council – 11.06.2017
IGST Exemptions approved by the GST Council – 11.06.2017
Revised Threshold for Composition Scheme – 11.06.2017
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.
GST Rate Schedule for services
List of Services under reverse charge
Classification Scheme for Services under GST
Decisions are taken by the GST Council in the 16th meeting – 11.06.2017
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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