GST on Project Imports, Laboratory Chemicals, Passengers baggage, Personal Importation

Posted on 10 April 2023 Category : GST rates

GST on Project Imports, Laboratory Chemicals, Passengers baggage, Personal Importation

HSN code chapter 98 consists of Project Imports, Laboratory Chemicals; Passengers’ baggage, Personal Importation by Air or Post, Ships’ Stores. The details about GST rate Project Imports, Laboratory Chemicals; Passengers’ baggage, Personal Importation by Air or Post, Ships’ Stores are updated here. The notification changes on exemptions for GST on Project Imports, Laboratory Chemicals; Passengers’ baggage, Personal Importation by Air or Post, Ships’ Stores are updated in this website.

The GST rates are imposed in India under 4 slabs. Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively.

The GST rates fixed in June, 2017 by GST council is given below for your kind reference.

NIL GST RATE:

9803 – Passenger baggage

5% GST RATE:

HSN Chapter 9804 Specified Drugs and medicines [i.e. List, 1 of notification No.12/2012-Central Excise, dated 17.03.2012 and List 3, 4 of notification No.12/2012Customs, dated 17.03.2012] intended for personal use.

12% GST RATE:

HSN Chapter 9804 Other Drugs and medicines intended for personal use.

GST rate related to COVID-19 has been changed as per 44^th GST council meet held on 12th June, 2021. The details of changed GST rates are given below:

Medical equipment required for COVID treatment:

Old rate New rate

Pulse oximeters 12% 5%

Oxygen concentrators/ generators (which include personal imports) 12% 5%

18% GST RATE:

HSN Chapter 9801 All items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment, auxiliary equipment (including those required for research and development purposes, testing and quality control), as well as all components (whether finished or not) or raw materials for the manufacture of the aforesaid items and their components, required for the initial setting up of a unit, or the substantial expansion of an existing unit, of a specified: industrial plant, (2) irrigation project, (3) power project, (4) mining project, (5) project for the exploration for oil or other minerals, and (6) such other projects as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf; and spare parts, other raw materials (including semi-finished materials of consumable stores) not exceeding 10% of the value of the ods specified above, provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or project mentioned in (1) to (6) above.

HSN Chapter 9802 – Laboratory chemicals

28% GST RATE:

HSN Chapter 9804 All dutiable articles intended for personal use

No need pay GST on sale of Passenger baggage

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