3 commodities not fall under GST in India


Commodities not fall under GST in India


3 commodities not fall under GST in India

Do all items fall under GST tax basket in India? Are all items attracted GST? Any commodities kept outside the purview of GST?


At present (November,2016) three items do not fall under the purview of GST. The items proposed to be kept outside the purview of GST in India now (2016) are as follows:


Alcohol for human consumption

Alcohol for human consumption does not fall under the purview of GST in India at present. The taxes imposed to Alcohol for human consumption are continued as per the structure before GST implementation.


Petroleum Products viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel

Petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel etc. are not attracted GST. However, the taxes for these products are attracted as per the structure before introduction of GST.

 


Electricity.

The category, Electricity has been kept aside under the purview of GST at present. So, electricity does not fall under GST at present. Hence, GST is not applicable for electricity. However, the taxes applicable at present for electricity is continued as before.

At present, the above items are kept outside the purview of GST in India.


The above information answers below clarifications:

What is the GST rate for Alcohol for human consumption in India? Is GST attracted for Petroleum Products in India? How much GST for petroleum crude? Any GST for motor spirit in India? Is GST charged for diesel in India? GST rate for electricity, Is GST payable for aviation turbine fuel? Is GST exempted for natural gas?

 

 

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Comments


RITESH BHAR: Dear Sir, Kindly provide me the followings :- 1) List of the rate of GST as per the individual commodity like VAT. 2) Is it applicable for every state equally ? 3) What will be the CGST Rate & SGST Rate & also IGST Rate for every individual commodity ? Regards, Ritesh Bhar

Sharadchandra Potdar: I am purchasing vegetables costing below Rs.500/- daily from a small vendor and making payment on monthly basis. My question is, whether the small vendor has to obtain GST registration and issue the bills? Please guide.

V. K Agarwal : GST Council represents and consist of all states. Road transport is under jurisdiction of state govts. With the introduction of GST as was envisaged and expected from it, movement of goods and warehous has to change through out the country due to common rate of tax in all states. Inter-state transactions don't attract different rates though charge is under a different category. Trucks movement is under the road permits issued by states and it has different categories like national permit, regional permit or state permit allowing movement within the state. With GST movement of goods has changed and require long hauls presently. This may change with passage of time with setting up of new industry at the place of consumption whereas earlier it was licensed based as per development plans. GST council should consider this matter and states should increase the national permits liberally and other permits should cover more number of states to cover long journeys to reduce the transportation cost. Transport is a substantial part of goods distribution and main consumption in this service is diesel. Moreover, with the development of air transport all states have number of airport and air traffic is increasing at fast pace. It is necessary that oil fuel should come under the GST net. Separate system will create more administrative problems with implementation of more laws by different authorities or by same set of authorities. Earlier it is done, better it is.

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