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Goods Shifted from 12% to 5%

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Goods Shifted from 12% to 5%

On 21 July 2018 GST council meeting was held. There are a lot of changes and recommendations made during this meeting. There are some goods shifted from 12% to 5% tax rate. Thes goods are described as Below:

Sr. No. Goods description  Old GST Tax Rate New GST Tax Rate
1 Chenille fabrics and other fabrics under heading 5801 12% 5% 
2

Handloom dari

12%  5% 
3

Phosphoric acid (fertilizer grade only) 

12%  5% 
4

Knitted cap/topi having retail sale value not exceeding Rs 1000 

12%  5% 
5

Handmade carpets and other handmade textile floor coverings (including namda/gabba) 

12%  5% 
6

Handmade lace 

12%  5% 
7 Hand-woven tapestries  12%  5% 
8  Hand-made braids and ornamental trimming in the piece 12%  5% 
9 Toran 12% 5%
C

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