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GST Council reduces GST Rate 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 reduced the GST Rate on Various Goods and Services. B. Other GST rate changes recommended by the Council S. No.DescriptionFromToGoods 1Ostomy...
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 reduced the GST Rate on Various Goods and Services.
B. Other GST rate changes recommended by the Council
| S. No. | Description | From | To |
| Goods | |||
| 1 | Ostomy Appliances | 12% | 5% |
| 2 | Orthopedic appliance- Splints and other fracture appliances; artificial parts of the body; other appliances which are worn or carried, or implanted in the body, to compensate for a defect or disability; intraocular lens | 12% | 5% |
| 3 | Tetra Pak (Aseptic Packaging Paper) | 12% | 18% |
| 4 | Tar (whether from coal, coal gasification plants, producer Gas plants and Coke Oven Plants. | 5%/18% | 18% |
| 5 | IGST on import of Diethylcarbamazine (DEC) tablets supplied free of cost for National Filariasis Elimination Programme | 5% | Nil |
| 6 | Cut and Polished diamonds | 0.25% | 1.5% |
| 7 | IGST on specified defence items imported by private entities/vendors, when end-user is the Defence forces. | Applicable rate | Nil |
| Services | |||
| 1. | Transport of goods and passengers by ropeways. | 18% | 5% (with ITC of services) |
| 2 | Renting of truck/goods carriage where cost of fuel is included | 18% | 12% |
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