The Central Board of Indirect Taxes and Customs (CBIC) notified that the 5% GST payable on Bio-diesel supplied to Oil Marketing Companies for blending with High-Speed Diesel.
The Board empowered under In exercise of the powers conferred by sub-section (1) of section 9 and sub-section (5) of section 15 of the Central Goods and Services Tax Act, 2017, the Central Government, on the recommendations of the Council amended notification of the Government of India in the Ministry of Finance (Department of Revenue), No.1/2017-Central Tax (Rate), dated the 28th June, 2017.
In the said notification, in Schedule I, 5% GST will be payable on tamarind seeds meant for any use other than sowing, Bio-diesel supplied to Oil Marketing Companies for blending with High-Speed Diesel, Pembrolizumab (Keytruda), and Retro fitment kits for vehicles used by the disabled.
In Schedule II, 12% GST will be payable on Bio-diesel (other than bio-diesel supplied to Oil Marketing Companies for blending with High-Speed Diesel), Bio-gas plant; Solar power based devices; Solar power generator; Windmills, Wind Operated Electricity Generator (WOEG); Waste to energy plants/devices; Solar lantern / solar lamp; Ocean waves/tidal waves energy devices/plants; and Photovoltaic cells, whether or not assembled in modules or made up into panels.
In Schedule III, 18% GST is payable on Iron ores and concentrates, including roasted iron pyrites, Manganese ores and concentrates, including ferruginous manganese ores and concentrates with a manganese content of 20% or more, calculated on the dry weight, Copper ores, and concentrates, Nickel ores and concentrates, Cobalt ores and concentrates, Aluminium ores and concentrates, Lead ores and concentrates, Zinc ores and concentrates, Chromium ores and concentrates and Tin ores and concentrates.
Further, 18% GST is applicable on Waste, Parings and Scrap, of Plastics; Cartons, boxes, cases, bags and other packing containers, of paper, paperboard, cellulose wadding or webs of cellulose fibers; box files, letter trays, and similar articles, of paper or paperboard of a kind used in offices, shops or the like; Plans and drawings for architectural, engineering, industrial, commercial, topographical or similar purposes, being originals drawn by hand; hand-written texts; photographic reproductions on sensitized paper and carbon copies of the foregoing; and Rail locomotives powered from an external source of electricity or by electric accumulators.
The GST at the rate of 28% is payable on Carbonated Beverages of Fruit Drink or Carbonated Beverages with Fruit Juice.
The notification shall come into force on the 1st October, 2021.
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