Goods and service tax (GST) is introduced in India, next are the updated goods and Services Tax Rates, which help you before buying any services or products in India.
Goods and Services Tax Rates
GST On Car/Bikes:
| Small Diesel Cars |
28% + 5% cess |
| Small Petrol Cars |
28% + 1% cess |
| Luxury cars |
28% + 15% cess |
| Bikes |
31% |
| Private jets |
31% |
| Luxury yachts |
31% |
GST Rate On Tobacco Products
| Tobacco |
28% + cess |
| Pan masala |
28% + cess |
| Cigarettes |
28% + 5% cess |
GST Rate On Electronic Products
| Computer printers |
18% |
| Electronic toys |
18% |
| Mobile phones |
12% |
| Television TV |
28% |
| Refrigerator |
28% |
| Air Conditioner AC |
28% |
| Washing machines |
28% |
| Microwave ovens |
28% |
GST Rate On Medicines
| Ayurvedic medicines |
12% |
| Pharma (Life-saving drugs) |
5% |
| Homeopathy medicines |
12% |
| Footwear Shoes, Sandals, Slippers, Bellies up to Rs. 500 |
5% |
| Footwear Shoes, Sandals, Slippers, Bellies above Rs. 500 |
18% |
| Readymade garments |
12% |
GST Rate On Valuable Items
| Processed Diamonds |
3% |
| Silver |
3% |
| Gold |
3% |
GST Rate On Other Important Items
| Cotton and natural fibre |
5% |
| Cement |
28% |
| Man-made fibre |
18% |
| Railway freight |
5% |
| Military weapons |
18% |
| LPG stoves |
18% |
| Perfumes |
28% |
| Pistols |
28% |
GST Rate On Various Food Items
| Mass consumption food items such as spices, tea, coffee, sugar, vegetable/ mustard oil; newsprint, and Indian sweets |
NIL |
| Chocolates |
28% |
| Chewing gum |
28% |
| Essential mass consumption items like milk, cereals, fruits, vegetable, jaggery (Gur), food grains, rice and wheat |
NIL |
| Packaged foods like pickles, tomato ketchup, Mayonnaise, fruit preserves |
12% |
| Processed foods |
12% |
| Pastries & Cakes |
18% |
| Pasta, Maggi & Noodle Items |
18% |
| Ice creams |
18% |
| Soups |
18% |
| Soft drinks like Pepsi, Coca-Cola (not fruit juices) |
28% |
| FMCG goods like hair oil, soaps, toothpaste and shampoos |
18% |
| Fruit juices |
12% |
| Meats |
12% |
| Butter |
12% |
| Cheese |
12% |
If you have queries or suggestions, please leave a comment below.
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