53rd GST council meeting: What are the changes made to rates of goods and services; full list

TOI Business Desk / TIMESOFINDIA.COM / Updated: Jun 22, 2024, 21:14 IST

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53rd GST council meeting: What are the changes made to rates of goods and services; full list

NEW DELHI: The 53rd GST council meeting, chaired by Union finance minister Nirmala Sitharaman and finance ministers of all states on Saturday, made some changes to rates goods and services.
List of recommendations of changes in GST rates of goods:

A uniform rate of 5% IGST will be charged on imports of ‘Parts, components, testing equipment, tools and tool-kits of aircrafts, irrespective of their HS classification to provide a fillip to MRO activities subject to specified conditions.
12% GST will be levied on all milk cans (of steel, iron and aluminium) irrespective of their use.
GST rate has been reduced to 12% from 18% on ‘carton, boxes and cases of both corrugated and non-corrugated paper or paper-board’ (HS 4819 10; 4819 20).
12% GST will be charges on all solar cookers whether single or dual energy source.
To amend existing entry covering Poultry keeping Machinery attracting 12% GST to specifically incorporate “parts of Poultry keeping Machinery” and to regularise past practice on ‘as is where is’ basis in view of genuine interpretational issues.
All types of sprinklers including fire water sprinklers will attract 12% GST.

List of recommendations of changes in GST rates of service:

The Railways will be exempted from GST on services provided to the general public, including the sale of platform tickets, facility of retiring rooms/waiting rooms, cloak room services, and battery-operated car services. Additionally, Intra-Railway transactions will also be exempted. The exemption will be effective from 20/10/2023, and the issue for the past period will be regularized up to the date of issue of the exemption notification.
The services provided by Special Purpose Vehicles (SPV) to Indian Railways, such as allowing Indian Railways to use infrastructure built and owned by SPV during the concession period, and maintenance services supplied by Indian Railways to SPV, will also be exempted from GST. The issue for the past will be regularized on an 'as is where is' basis for the period from 01/07/2017 until the date of issue of the exemption notification.
A separate entry will be created in notification No. 12/2017- CTR 28/06/2017 under heading 9963 to exempt accommodation services having a value of supply of accommodation up to Rs. 20,000/- per month per person, subject to the condition that the accommodation service is supplied for a minimum continuous period of 90 days. The same benefit will be extended to past cases.

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