Goods on GST Rate reduced from 12% to 5% on 18 January 2018

GST Council Meeting held on 18.1.2018 recommended for reduction of GST on the following goods from 12% to 5%. It will be effective only after publishing Gazette Notification / Circulars to give lawful effect to the deduction.

List of Goods for GST Council recommended to reduce GST rate from 12% to 5%

S No.	Chapter/ Heading/ Subheading/ Tariff item	Name and Description of Item
1	4601, 4602	Articles of straw, of esparto or of other plaiting materials; basketware and wickerwork
2	5801 37 20	Velvet fabric

GST CHANGES RECOMMENDED ON 18.1.2018 (w.e.f 25.1.2018)

GST reduced from 28% to 18%

GST reduced from 18% to 12%

GST reduced from 18% to 5%

GST reduced from 12% to 5%

GST increased from 12 to 18%

GST increased from 0 to 5%

GST reduced from 5% to 0.25%

Change in Compensation Cess

Change in IGST Rate on 18.1.2018

Modification in definitions GST / IGST

GST RATE CHANGES 10.11.2017

List of goods recommended for reduction of GST from 28% to 18% by GST Council on 10.11.2017

List of goods on GST rate retained to be 28% as recommended by GST Council on 10.11.2017

List of Goods on GST Reduced to 12%, 5% or 0%

List of goods for IGST Rate reduction recommended by GST Council

Goods on GST Rate reduced from 12% to 5% on 18 January 2018

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