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GST Council increases Rates on Various Goods and Services
The GST Council’s 47th meeting was held in Chandigarh on 28th and 29th June, 2022 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman has increases the GST Rate on Various Goods and Services. S. No.DescriptionFromToGOODS Printing, writing or drawing ink12%18% Knives with cutting blades, Paper knives, Pencil sharpeners and...
The GST Council’s 47th meeting was held in Chandigarh on 28th and 29th June, 2022 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman has increases the GST Rate on Various Goods and Services.
| S. No. | Description | From | To |
| GOODS | |||
| Printing, writing or drawing ink | 12% | 18% | |
| Knives with cutting blades, Paper knives, Pencil sharpeners and blades therefor, Spoons, forks, ladles, skimmers, cake-servers etc | 12% | 18% | |
| Power driven pumps primarily designed for handling water such as centrifugal pumps, deep tube-well turbine pumps, submersible pumps; Bicycle pumps | 12% | 18% | |
| Machines for cleaning, sorting or grading, seed, grain pulses; Machinery used in milling industry or for the working of cereals etc; Pawan Chakki that is Air Based Atta Chakki; Wet grinder; | 5% | 18% | |
| Machines for cleaning, sorting or grading eggs, fruit or other agricultural produce and its parts, Milking machines and dairy machinery | 12% | 18% | |
| LED Lamps, lights and fixture, their metal printed circuits board; | 12% | 18% | |
| Drawing and marking out instruments | 12% | 18% | |
| Solar Water Heater and system; | 5% | 12% | |
| Prepared/finished leather/chamois leather / composition leathers; | 5% | 12% | |
| Refund of accumulated ITC not to be allowed on flowing goods: Edible oils Coal | |||
| Services | |||
| Services supplied by foreman to chit fund | 12% | 18% | |
| Job work in relation to processing of hides, skins and leather | 5% | 12% | |
| Job work in relation to manufacture of leather goods and footwear | 5% | 12% | |
| Job work in relation to manufacture of clay bricks | 5% | 12% | |
| Works contract for roads, bridges, railways, metro, effluent treatment plant, crematorium etc. | 12% | 18% | |
| Works contract supplied to central and state governments, local authorities for historical monuments, canals, dams, pipelines, plants for water supply, educational institutions, hospitals etc. & sub-contractor thereof | 12% | 18% | |
| Works contract supplied to central and state governments, union territories & local authorities involving predominantly earthwork and sub-contracts thereof | 5% | 12% |
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