Several amendments have been proposed in the 47th GST Council Meeting.The government issued nine Central Tax (Rate) notifications starting from number 03/2022 to 11/2022 on 13th July 2022. These notifications provide details about the changes in GST rates and shall come into effect from 18th July 2022. The same has been listed below-
GST rate hikes and cuts
Description of goods or services Old Rate New Rate
Cut and Polished diamonds 0.25% 1.50%
Tetra Pack (Aseptic Packaging Paper) 12% 18%
Tar (From coal, or coal gasification plants,
or producer gas plants and
coke oven plants) 5%/18% 18%
Import of tablets called Diethylcar-
-bamazine (DEC) free of cost for
National Filariasis Elimination
Programme (IGST) 5% Nil
Import of particular defence
items by private businesses or
suppliers for end-consumption
of Defence (IGST) Applicable rates Nil
Ostomy Appliances 12% 5%
Orthopedic appliances such as intraocular
lens, artificial parts of the body,
splints and other fracture appliances,
other appliances which are worn or carried,
or body implants, to compensate
for a defect or disability 12% 5%
Transport of goods and passengers by
ropeways (with ITC of services) 18% 5%
Renting of truck or goods carriage
including the fuel cost 18% 12%
List of GST Exemptions Withdrawn
Description of goods or services Old Rate New Rate
Maps and hydrographic or similar
charts of all kinds, including atlases,
wall maps, topographical plans
and globes, printed Nil 12%
Cheques, lose or in book form Nil 18%
Parts of goods of heading 8801 Nil 18%
Air transportation of passengers
to and from north-eastern states
and Bagdogra now restricted to
economy class Nil Condition
added
Transportation by rail or a vessel
of railway equipment and material,
storage or warehousing of
commodities attracting tax such
as copra, nuts, spices, jaggery,
cotton, etc, fumigation in a
warehouse of agri produce,
services by RBI, IRDA, SEBI, FSSAI,
and GSTN, renting of residential
dwelling to GST-registered
businesses, and services by the
cord blood banks for preserving
stem cells Nil Applicable rate
Room rent (excluding ICU)
exceeding Rs.5,000 per patient
day taxed without ITC Nil 5%
Common bio-medical waste
treatment facilities for
treating or disposing
biomedical waste shall be
taxed with availability of ITC,
like CETPs Nil 12%
Hotel accommodation priced
up to Rs.1,000 per day Nil 12%
Training or coaching in
recreational activities on arts
or culture, or sports other
than by individuals Nil Applicable rate
Earlier partially exempted,
now withdrawn
Petroleum/ Coal
bed methane 5% 12%
e-Waste 5% 18%
Scientific and technical
instruments to public
funded research
institutes 5% Applicable rate
Correction of Inverted tax structure
Description of goods or services Old Rate New Rate
Solar water heaters and systems 5% 12%
Prepared or finished leather
or chamois leather or
composition leathers 5% 12%
Job work for processing of hides,
skins, leather, making of leather
products including footwear,
and clay brick manufacturing 5% 12%
Earthwork works contracts and
sub-contracts to the Central
and state governments,
Union Territories and
local authorities 5% 12%
Pawan Chakki being air-based
atta chakki, wet grinder,
cleaning, sorting or
grading machines for seeds
and grain pulses, and
milling machines or cereal
making machines, etc; 5% 18%
Ink for drawing, printing, and
writing 12% 18%
Knives with paper knives,
cutting blades, pencil
sharpeners and its blades,
skimmers, cake-servers,
spoons, forks, ladles, etc 12% 18%
Centrifugal pumps,
submersible pumps deep
tube-well turbine pumps,
bicycle pumps that are
power-driven mainly for
handling water 12% 18%
Milking machines and
dairy machinery, cleaning,
sorting or grading machines
and its parts for eggs,
fruit or other agri produce 12% 18%
Lights and fixture, LED lamps,
their metal printed circuits board 12% 18%
Marking out and drawing
instruments 12% 18%
Services by the foreman to
chit fund 12% 18%
Works contract for railways,
metro, roads, bridges,
effluent treatment plant,
crematorium, etc. 12% 18%
Works contract and sub-contract
to the Central and
state governments,
local authorities for canals,
dams, pipelines, plants
for water supply,
historical monuments,
educational institutions,
hospitals, etc 12% 18%
Refund of accumulated ITC
for edible oils and
coal is disallowed.
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