GST Rates Comparison Chart – Existing Rates Vs New GST Rates 2017

GST Rates Comparison Chart – Existing Rates Vs New GST Rates 2017. GST Council issued GST Rates Schedule on 18th May and 19th May 2017. Here you may find Comparison Chart Between GST Rates & Existing Rates on Various Sectors (Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state). The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. The information is being uploaded. immediately after the GST Council’s decision and it will be subject to further vetting during which the list may undergo some changes.

The government categorised 1211 items under various tax slabs. Here is a low-down on the tax slab these items would attract: 81% of the items will fall up to 18% rate slabs. Means 19% of the goods to be taxed @28%. The standard slab of 12% & 18% would be applicable to 60% items..Now check more details form below….

Don’t Miss – GST Rate in India 2017 (Item Wise GST List in PDF)

GST Rates Comparison Chart – Existing Rates Vs New GST Rates 2017

GST Rates Comparison Chart

GST Rates Comparison Chart on Services

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

Name of ITEM GST Rate(%) Existing Rate(%)
Telecom1815
Works contracts1215
Non AC/alcohol-serving restaurants1213-14
AC, alcohol-serving restaurants1822
Five-star restaurants2818

GST Rates Comparison Chart on Constructions

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

Name of ITEMGST Rate(%)Existing Rate(%)
Cement2830
Wall paper2818.5
Paints and varnishes2826
Putty, wall fillings2826
Plaster2826
Ceramic tiles2826
Tempered glass2826
Sand lime bricks, fly ash bricks56

GST Rates Comparison Chart on Metals & Minerals

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

Name of ITEMGST Rate(%)Existing Rate(%)
Peat519.5
All ores and concentrates518.5
Kerosene PDS517
Petroleum coke, petroleum bitumen1827.5
Tar512
Coal512
Lignite512
Copper bars, rods, wires1818.5
Copper screws, nuts, bolts1818.5
Nickel bars, rods, wires1818.5
Nickel screw, nuts, bolts1818.5
Nickel tubes, pipes, netting1818.5
Aluminium ingots, rods, wires1818.5
Lead plates, sheets, strips1818.5
Zinc goods1818.5
Tin bars, rods1818.5

GST Rates Comparison Chart on Lifestyle and Home

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

Name of ITEM GST Rate(%) Existing Rate(%)
Leather bags286
Cell phones186
Yachts2818.5
Air conditioners2826
Refrigerators2826
Storage water heaters2826
Dish washing machines2826
Printer, photocopier, fax machines2826
Wristwatches2826
Furniture2826
Video game consoles2826
Exercise equipment2826
Sports goods1218.5
Bicycles1218.5
Spectacle lens1218.5
Whey proteins & fitness supplements1826
Hats and other headgears1826
Steel utensils518.5

GST Rates Comparison Chart on Consumer Goods

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

ITEMGST Rate (%)Existing Rate(%)
Aluminium Foil2818.5
Agarbatti120
Preserved Vegetables180
Butter, ghee, cheese126
Dry fruits126
Jams, jellies1812
Frozen meal126
Branded paneer50
Branded cereals50
Cocoa butter, oils chocolates2826
Instant, aroma coffee2826
Coffee concentrates, custard powder2826
Protein concentrates, sugar syrups2826
Razors2826
Dental floss2826
Toothpaste2826
Deodorants2826
Aftershave2826
Shaving cream2826
Cereals00
Puffed, rice, papad, breadExempt0
Aquatic/poultry/cattle feedExempt0
SaltExempt0
Soyabean, groundnut, sunflower, seeds56
Infant use preparations1819.5
Pasta, corn flakes, and cakes1819.5
Coffee, tea56
Frozen vegetables56
Condensed milk1818.5
Toilet paper1818.5
Hot water bottles1818.5
Petroleum jelly, paraffin wax1820
Pencil sharpeners, knives1218.5
Meats & fish preparations1218.5
Sweetmeats512
Bakery mixes, dough’s, pizza bread512
Vegetable fats & oils512
Tea concentrates, sauces, soups512
Ice cream, instant food mixes, sherbet1826
Refined sugar1826
Soap1826
Dentrifices – toothpaste1826
Hair oil1826
Handmade safety matches518.5
Broomsticks518
Candles1226
Tooth powder1226
Led lights1226
Milk beverages1226
Ready to eat namkeen/bhujiya1226
Beet sugar, cane sugar526

GST Rates Comparison Chart on Others

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

Name of ITEM GST Rate (%) Existing Rate (%)
tyres2818.5
Steam120
Children’s drawing books120
Plastic products2818.5
Calcerous stone2818.5
Artists’, students’ or signboard colours2818.5
Nuclear fuel50
Heavy water and other nuclear fuels50
Compressed air50
Solar water heater50
Renewable energy devices50
Braille typewriters1813.5
Pianos2826
Revolvers2826
Artificial Flowers2826
Bangles (Non-Precious Metals)EXEMPT0
Fountain pen ink, ball pen ink1212
Wood pulp1212
Printed books00
Calendars1212
Animal or human blood vaccines56
Power driven water pumps1212.5
Padlocks, locks1818.5
Helmets1818.5
Plastic Products2818.5
Fertilizers1218.5
Tractors1218.5
Sewing/knitting needles1218.5
Agricultural implements012.5
Firewood012.5
Geometry boxes518.5

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