GST TAX RATES INDIA 2018. Latest Updates, Notifications..?

GST Goods and Services Tax, is a national indirect tax, which applies throughout India on July 1, 2017 and replaces some Indirect Taxes imposed by the central and state governments. The central government categorizes 1,211 items under various GST tax sheets. Goods and Services Tax (GST) rates are lower for the highest and most important items for luxury goods and merchandise which will also attract additional costs.

Now throughout India, there are mainly four tax rates that will be charged as GST, namely 5%, 12%, 18% and 28%.

GST Rate

 

List of Goods and Services under 0% GST Rate (No tax)

 

GST 0%

 

List of Goods and Services under 5% GST Rate:

 

GST 5%

 

List of Goods and Services under 12% GST Rate:

 

GST 12%

 

List of Goods and Services under 18% GST Rate:

 

GST 18% tax

List of Goods and Services under 28% GST Rate:

 

GST 18% Tax Rate

 

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