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% |
