New GST Rates List 2022 (18th July 2022)

New year 2022 has started and the central government has also released its GST Rates List 2022 PDF, you can download this list from below. GST (Goods and Services Tax) is done indirectly for the supply of goods and services in India. Goods and Service Tax was implemented in India from 1st July 2017.

Goods and Services Tax

With the implementation of Goods and Services Tax, a single indirect tax system has been implemented in the whole country by removing various taxes levied by the Central Government and the State Governments. The Constitution of India was amended by the Government of India to implement this tax system.

Goods and Service Tax which is administered by the Service Tax Council. The chairman of this tax is the Finance Minister of India. The following charges are levied on Goods and Services for implementation of GST – 0%, 5%, 12% and 18%. A tax of 0.25% is levied on coarse precious and semi-precious stones and up to 3% on gold.

GST Rate revision in 47th GST Council Meeting

The 47th GST council meeting was held on 28th and 29th June 2022. The following decisions were taken regarding GST rates, including pruning of the exemption list and correction of the inverted tax structure.

The changes relating to GST rate, in pursuance of recommendations made by the GST_Council in its 47th meeting, came into effect from today, 18th of July, 2022.

GST rate hikes and cuts

Description of goods or servicesOld RateNew Rate
What’s costlier

Cut and Polished diamonds0.25%1.50%
Tetra Pack (Aseptic Packaging Paper)12%18%
Tar (From coal, or coal gasification plants, or producer gas plants and coke oven plants)5%/18%18%
What’s cheaper

Import of tablets called Diethylcarbamazine (DEC) free of cost for National Filariasis Elimination Programme (IGST)5%Nil
Import of particular defence items by private businesses or suppliers for end-consumption of Defence (IGST)Applicable ratesNil
Ostomy Appliances12%5%
Orthopedic appliances such as intraocular lens, artificial parts of the body, splints and other fracture appliances, other appliances which are worn or carried, or body implants, to compensate for a defect or disability12%5%
Transport of goods and passengers by ropeways (with ITC of services)18%5%
Renting of truck or goods carriage including the fuel cost18%12%
*The rates will come into effect from 18th July 2022 subject to CBIC notification

Pruning of GST exemptions

Description of goods or servicesOld RateNew Rate
Earlier fully exempted, now withdrawn

Maps and hydrographic or similar charts of all kinds, including atlases, wall maps, topographical plans and globes, printedNil12%
Cheques, lose or in book formNil18%
Parts of goods of heading 8801Nil18%
Air transportation of passengers to and from north-eastern states and Bagdogra now restricted to economy classNilCondition added
Transportation by rail or a vessel of railway equipment and material, storage or warehousing of commodities attracting tax such as copra, nuts, spices, jaggery, cotton, etc, fumigation in a warehouse of agri produce, services by RBI, IRDA, SEBI, FSSAI, and GSTN, renting of residential dwelling to GST-registered businesses, and services by the cord blood banks for preserving stem cellsNilApplicable rate
Room rent (excluding ICU) exceeding Rs.5,000 per patient day taxed without ITCNil5%
Common bio-medical waste treatment facilities for treating or disposing biomedical waste shall be taxed with availability of ITC, like CETPsNil12%
Hotel accommodation priced up to Rs.1,000 per dayNil12%
Training or coaching in recreational activities on arts or culture, or sports other than by individualsNilApplicable rate
Earlier partially exempted, now withdrawn

Petroleum/ Coal bed methane5%12%
e-Waste5%18%
Scientific and technical instruments to public funded research institutes5%Applicable rate
*The rates will come into effect from 18th July 2022 subject to CBIC notification

Correction of Inverted tax structure

Description of goods or servicesOld RateNew Rate
Solar water heaters and systems5%12%
Prepared or finished leather or chamois leather or composition leathers5%12%
Job work for processing of hides, skins, leather, making of leather products including footwear, and clay brick manufacturing5%12%
Earthwork works contracts and sub-contracts to the Central and state governments, Union Territories and local authorities5%12%
Pawan Chakki being air-based atta chakki, wet grinder, cleaning, sorting or grading machines for seeds and grain pulses, and milling machines or cereal making machines, etc;5%18%
Ink for drawing, printing, and writing12%18%
Knives with paper knives, cutting blades, pencil sharpeners and its blades, skimmers, cake-servers, spoons, forks, ladles, etc12%18%
Centrifugal pumps, submersible pumps deep tube-well turbine pumps, bicycle pumps that are power-driven mainly for handling water12%18%
Milking machines and dairy machinery, cleaning, sorting or grading machines and its parts for eggs, fruit or other agri produce12%18%
Lights and fixture, LED lamps, their metal printed circuits board12%18%
Marking out and drawing instruments12%18%
Services by foreman to chit fund12%18%
Works contract for railways, metro, roads, bridges, effluent treatment plant, crematorium, etc.12%18%
Works contract and sub-contract to the Central and state governments, local authorities for canals, dams, pipelines, plants for water supply, historical monuments, educational institutions, hospitals, etc12%18%
Refund of accumulated ITC for edible oils and coal is disallowed.

*The rates will come into effect from 18th July 2022 subject to CBIC notification

Rate revision in 45th GST Council Meeting

GST Rates reduced on Goods & Services:

ItemBeforeAfter
Import of expensive life-saving medicines such as Zolgensma, Viltepso or as recommended by a relevant government department for personal use12%Nil
Waste unintentionally generated during the fish meal production, except for Fish OilApplicable rateNil from 1st July 2017 to 30th September 2019
IGST on the goods sold at Indo-Bangladesh border haatsApplicable rateNil
Transport of goods by vessel and air from India to outside India extended up to 30th September 2022NilNil
Granting of National Permit to goods carriages on a fee payment18%Nil
Skill training programmes where the state/central government funds expenditure equal to or more than 75%18%Nil
Services on AFC Women’s Asia Cup to be held in 202218%Nil
‘Keytruda’ drug for the treatment of cancer12%5%
Biodiesel, sold to the oil marketing companies for blending it with diesel12%5%
Fortified Rice Kernels for the Integrated Child Development Services Scheme, etc18%5%
Retro fitment kits in vehicles for the disabledApplicable rate5%

G.S.T Rates increased on Goods & Services:

ItemBeforeAfter
Polyurethanes and other plastics waste and scrap5%18%
Cartons, bags, boxes, packing containers made out of paper, etc12/18%18%
Papers such as cards, catalogue, printed material Under Chapter 4912%18%
Licensing, broadcasting and showing original films, Radio Television programmes, sound recordings12%18%
Printing and reproduction of recorded media being the publisher’s content12%18%

GST rate corrections for inverted tax structure:

ItemBeforeAfter
Specified Renewable Energy Devices and parts5%12%
Ores and metal concentrates5%18%
All kinds of pens12/18%18%
Railway parts, locomotives and goods in Chapter 8612%18%

Rate revision in 44th GST Council Meeting

Medicines required for COVID-19 & Black Fungus treatment:

ItemsOld rateProposed rate
Tocilizumab5%Nil
Amphotericin-B5%Nil
Remedesivir12%5%
Anti-coagulants like Heparin12%5%
Any other drug (recommended by the Ministry of Health and Family Welfare (MoHFW) and the Dept. of Pharma (DoP) for Covid-19 treatment)Existing rate5%

Medical equipment required for COVID treatment:

ItemsOld rateProposed rate
Medical Grade Oxygen12%5%
Oxygen concentrators/ generators (which include personal imports)12%5%
Ventilators and ventilator masks/ cannula/ helmets12%5%
BiPaP machine12%5%
High flow nasal cannula device12%5%
Pulse oximeters12%5%

COVID-19 testing kits and items utilised for the prevention of COVID-19:

ItemsOld rateProposed rate
Covid-19 testing kits12%5%
Specified Inflammatory Diagnostic Kits, namely D-Dimer, IL-6, Ferritin and LDH12%5%
Hand sanitiser18%5%
Temperature checking equipment18%5%

Others:

ItemsOld rateProposed rate
Gas/electric/other furnaces for crematorium, including their installation, etc18%5%
Ambulances28%12%

Rate revision in 39th GST council meeting

ItemOld RateNew Rate
Mobile phones and specified parts12%18%
Handmade matches5%12%
Other than handmade matches18%12%
Aircraft MRO (Maintenance, Repair, Overhaul) services18%5% (with full ITC)

Rate revision in 38th GST council meeting

ItemOld RateNew Rate
Lotteries (State-owned)12%28%
Lotteries (State-authorised)28%28%
Woven and non-woven fabrics12%18%
Sacks of Polythene and Polypropylene in nature12%18%

Rate revision in 37th GST council meeting

ItemOld RateNew Rate
Plates and cups made of flowers, leaves and bark5%Nil
Caffeinated Beverages18%28%+12% cess
Supplies of Railways wagons & coaches (without refund of accumulated ITC)5%12%
Outdoor Catering (without ITC)18%5%
Diamond Job work5%1.50%
Other Job work18%12%
Hotels (Room Tariff of Rs.7501 or above)28%18%
Hotels (Room Tariff from Rs 1,001 to Rs 7,500)18%12%
Woven/ Non-woven Polyethylene Packaging bags18%12%
Marine fuel18%5%
Almond Milk 18%
Slide fasteners18%12%
Wet grinders (consisting of stone as a grinder)12%5%
Dried Tamarind5%Nil
Semi-precious stones- cut & polished3%0.25%
Specified goods for petroleum operation under HELP*Applicable Rate5%

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