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Change in IGST Rate on 18 January 2018

 

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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