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Goods on GST Rate reduced from 5% to 0.25% on 18 January 2018

 

GST Council Meeting held on 18.1.2018 recommended for reduction of GST on the following goods from 5% to 0.25%. 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 5% to 0.25%

S No. Chapter/
Heading/
Subheading/
Tariff item
Name and Description of Item
1 7102

Diamonds and precious stones

 

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