September 18, 2021

Key Highlight of 45 GST Council Meeting

By admin

Major recommendations on GST rate changes in relation to Goods (w.e.f 1.10.2021 unless otherwise stated)

DescriptionRate
Retro fitment kits for vehicles used by the disabled5%
Fortified Rice Kernels for schemes like ICDS etc.5%
Medicine Keytruda for treatment of cancer5%
Biodiesel supplied to OMCs for blending with Diesel5%
Ores and concentrates of metals such as iron, copper, aluminum, zinc and few others 18%
Specified Renewable Energy Devices and parts12%
Cartons, boxes, bags, packing containers of paper etc.18%
Waste and scrap of polyurethanes and other plastics18%
All kinds of pens 18%
Railway parts, locomotives & other goods in Chapter 8618%
Miscellaneous goods of paper like cards, catalogue, printed material (Chapter 49 of tariff)18%
IGST on import of medicines for personal use, namely
Zolgensma for Spinal Muscular Atrophy ,
Viltepso for Duchenne Muscular Dystrophy ,
Other medicines used in the treatment of muscular atrophy are recommended by the Ministry of Health and Family Welfare and the Department of Pharmaceuticals.  
NIL
IGST exemption on goods supplied at Indo-Bangladesh Border haatsNIL
Unintended waste generated during the production of fish meal except for Fish Oil NilNIL (for the period 1.7.2017 to 30.9.2019)

 For More Detail Refer Key Highlights of the 45th GST Council Meeting

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