The 14th
Goods and Services Tax (GST) Council Meeting, chaired by the Union Minister of
Finance Shri Arun Jaitley, was held at Srinagar, Jammu and Kashmir yesterday. The
fitment of rates of goods were discussed during the Council meeting. The
Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18%
and 28% to be levied on certain goods. The Council has also
broadly approved the rates of GST Compensation Cess to be levied on certain
goods.
The information has
been uploaded after the GST Council’s decision on the website of Central Board
of Excise and Customs (CBEC) and is available at http://www.cbec.gov.in/. It will be subject to further vetting during which the lists may
undergo some changes.
Chapter-wise-rate-wise-GST-schedule-18.05.2017
GST-compensation-cess-rates-18.05.2017
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DSM/VKS/KA