Recommendations made by the GST Council on 22.12.18
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Miscellaneous
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1
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Exemption from GST
on supply of gold by
Nominated Agencies to
exporters of
article of gold
Jewellery.
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2
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Exemption from GST
on proceeds received
by Government from
auction of gifts received by President, Prime Minister,
Governor or Chief Minister of a State and public servants,
the proceeds of which is used for public or charitable cause.
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3
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Exemption from
IGST/ Compensation cess
on vehicles imported for
temporary
purposes under the
Customs Convention on the
Temporary importation of Private
Road Vehicles (carnet de passages-en-douane).
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4
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Rate of 5% /18% to
be applied based on
transaction value of footwear
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5
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Uniform GST rate
of 12% on Flexible
Intermediate Bulk Container (FIBC)
from
existing 5%/12%
(depending on the value)
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GST on solar power
generating plant and other
renewable energy plants
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a
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GST rate of 5%
rate has been prescribed on
renewable energy devices
& parts for their manufacture (bio
gas plant /solar power based
devices, solar power
generating system (SGPS) etc)
[falling under chapter 84, 85 or 94 of the Tariff]. Other
goods or services used in these plants attract applicable GST.
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b
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Certain disputes
have arisen regarding GST
rates where specified goods
attracting 5% GST are supplied
along with services of
construction etc and other goods
for solar power plant.
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c
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To resolve the
dispute the Council has
recommended that in all such cases,
the 70% of the gross value
shall be deemed as the
value of supply of said goods attracting 5% rate and the remaining portion (30%) of the aggregate value of such EPC contract shall be deemed as the
value of supply of taxable service attracting standard GST rate.
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Clarifications :
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1
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Sprinkler system
consisting of nozzles, lateral
and other components would attract
12% GST rate under
S.No. 195B of notification No.
1/2017-Central Tax (Rate) dated
28.6.2018
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2
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Movement of Rigs,
Tools & Spares and all
goods on wheels on own account where such movement is not
intended for further supply of such goods but for the provision
of service does not involve a supply (e.g. movement of testing
equipment etc.)
and is not be liable to GST.
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3
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The goods with
description Bagasse Board
[whether plain or laminated] falling under Chapter 44 attract
GST at the rate of 12%.
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4
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Concessional GST
rate of 5% applies to the LPG
supplied in bulk to an OMC by refiners/
fractioners for
bottling for further supply to household domestic consumers.
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5
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While animal /cattle
/aquatic /poultry feed are exempt vide S. No. 102 of notification
No. 2/2017-Central Tax (Rate), this exemption would
not apply to
their inputs such
as fish meal, meat bone meal,
bran, sharps, oil cakes of various oil seeds etc.
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6
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Manure of
determination of classification of
vitamins, provitamins etc.
as animal
feed supplements
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7
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Sattu or Chattua
falling under HS code 1106 and
attracts the applicable GST
rate.
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8
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Polypropylene
Woven and Non-Woven Bags and PP
Woven and Non-Woven Bags
laminated with BOPP falls
under HS code 3923 and attract 18% GST rate.
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9
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18% GST is
applicable on wood logs including the
wood in rough/log used for
pulping.
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10
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Turbo charger is
classified under heading 8414
and attracts 18% GST
and not 5%
GST.
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11
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Fabric even if
embroidered or has stitching of
lace and tikki etc. and even if
sold in three piece fabric as
ladies suit set, will be
classifiable as fabric and would attract
5% GST.
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12
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Scope of
concessional rate of 5% GST rate for
specified equipment for waste to energy plant.
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Information of GST Act and Rules, GST latest news, GST useful procedure and general matters.
Monday, 7 January 2019
RECOMMENDATIONS MADE BY THE GST COUNCIL ON 22.12.18
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