GST rate schedule for Energy and conventional sources in India,As per discussions in the GST Council Meeting

GST Council has published GST rate schedule for several goods like several tools, different types of metals, iron or steel, printed books, newspapers and other products of the printing industry, manuscripts, nuclear reactors, boilers, machinery, appliances, parts, electrical machinery and equipment.

  1. No rate(0%) schedule for
    1.  Handloom 
  2. 5% schedule rate for
    1. Hand pump and parts(limited),
    2. Solar water heater and system
    3. Renewable energy device & spare parts for their manufacture
      1. Bio gas plant
      2. Solar power based devices
      3. Solar power generating system
      4.  Windmills
      5. Wind operated electricity generator
      6. Waste to energy plants/devices
      7.  Solar lantern/solar lamp
      8. Ocean waves/tidal waves energy devices/plants
  3. 12% schedule rate for
    1. Nuclear fuel elements
    2. Power driven pumps primarily designed for handling water, namely, centrifugal pumps (horizontal and vertical), deep tube-well turbine pumps, submersible pumps, axial flow and mixed flow vertical pumps
    3. Composting Machine
  4. 18%schedule rate for
    1. Nuclear reactors; fuel elements (cartridges),non-irradiated, for nuclear reactors;
    2. machinery and apparatus for isotopic separation
    3. Steam or other vapour generating boilers (other than central heating hot water boilers capable also of producing low-pressure steam);
    4. super-heated water boilers
    5.  Central heating boilers other than those of heading
    6. Auxiliary plant for use with boilers of heading (for example, economisers, superheaters, soot removers, gas recoverers); condensers for steam or other vapour power units
    7. Producer gas or water gas generators, with or without their purifiers; acetylene gas generators and similar water process gas generators, with or without their purifiers
    8.  Steam turbines and other vapour turbines
    9.  Hydraulic turbines, water wheels, and regulator
    10. Turbo-jets, turbo propeller sand other

GST rate 5% for Coal and Substitute of coal helps many industries like Steel Industries, Cement industries, Conventional power industries, Ultra Mega Power Plants etc for increasing their production, optimisation of tariff structure( for power industry).

  1. Coal; briquettes, ovoids and similar solid fuels
    manufactured from coal
  2. Lignite, whether or not agglomerated,
    excluding jet.
  3. Peat (including peat litter), whether or
    not agglomerated
  4.  Coke and semi-coke of coal, of lignite or of peat, whether or
    not agglomerated; retort carbon
  5. Tar distilled from coal, from lignite or from peat
  6. Coal gas, water gas, producer gas and similar gases, other than petroleum gases and other gaseous
    hydrocarbons

Source:-Discussion paper which is published taken from the ‘GST RATES FOR SCHEDULE GOODS’  discussion paper as on 18.05.2017

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