GST Council Meeting held on 18.1.2018 recommended for change in IGST Rate on the following goods. It will be effective only after publishing Gazette Notification / Circulars to give lawful effect to the deduction.
List of Goods for GST Council recommended change in IGST Rate
S No. | Chapter/ Heading/ Subheading/ Tariff item |
Name and Description of Item | Compensation Cess Rate | Compensation Cess Rate Recommend |
1 | 88or any other chapter |
Satellites and payloads and Scientific and technical instruments, apparatus, equipment, accessories, parts, components, spares, tools, mock ups and modules, raw material and consumables required for launch vehicles and satellites and payloads | 18% | 5% |
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GST CHANGES RECOMMENDED ON 18.1.2018 (w.e.f 25.1.2018)
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