Pooja Chaudhuri Chaudhuri
The only fiction I enjoy is in books and movies.
Since the rollout of the GST bill, a certain amount of confusion has been doing the rounds within the general population of India. The Goods and Services Tax was rolled out on July 1 and it sought to ensure an integrated tax on goods and services which would cover both state and central levies.
So far, the prices of a lot of regular commodities have been affected due to the GST Bill. However, here are several goods and services which are either exempted under GST or not covered under the tax.
Certain items are beyond the scope of GST, i.e., GST will not apply to them. These are classified under Schedule III of the GST Act as “Neither goods nor services”.
-The Members of Parliament, State Legislature, Panchayats, Municipalities and other local authorities
-Any person who holds a post under the provisions of the Constitution
-Chairperson/Member/Director in a body established by the government or a local body and who is not an employee of the same
Actionable Claims means claims which can be enforced only by a legal action or a suit, example a book debt.
The goods that attract 0% tax under GST are:
All goods other than live horses, including:
-live asses, mules and hinnies
-sheep and goats
-poultry that is to say fowls, ducks, geese, turkeys and guinea fowls
-other live animals such as mammals, birds and insects.
All goods other than in frozen state and put up in unit containers, meat of bovine animals (fresh or chilled)
-meat of swine (fresh or chilled)
-meat of sheep and goats (fresh or chilled)
-meat of horses, asses, mules or hinnies (fresh or chilled)
-Edible offal of (fresh or chilled)
-sheep, goats, horses, asses, mules, hinnies
-meat and edible offal of the poultry of heading, fresh or chilled
-pig fat, free of lean meat and poultry fat, not rendered or otherwise extracted, fresh, chilled is also exempted
Exemption on fresh and pasteurised milk, including separated milk, milk and cream, not concentrated nor containing added sugar or other sweetening matter, excluding Ultra High Temperature (UHT) milk; eggs, birds’ eggs, in shell, fresh, preserved or cooked, curd, lassi, butter milk, chena or panneer other than put up in unit containers and bearing a registered brand name; Natural honey, other than put up in unit container and bearing a registered brand name.
-Fish seeds, prawn / shrimp seeds whether or not processed, cured or in frozen state
-All goods, other than processed, cured or in frozen state
-Fish, fresh or chilled, excluding fish fillets and other fish meat of heading
-Fish fillets and other fish meat (whether or not minced), fresh or chilled.
-Crustaceans, whether in shell or not, live, fresh or chilled; crustaceans, in shell, cooked by steaming or by boiling in water, chilled.
-Molluscs, whether in shell or not, live, fresh, chilled; aquatic invertebrates other than crustaceans and molluscs, live, fresh, chilled.
-Aquatic invertebrates other than crustaceans and molluscs, live, fresh or chilled.
-Potatoes, fresh or chilled.
-Tomatoes, fresh or chilled
-Onions, shallots, garlic, leeks and other alliaceous vegetables, fresh or chilled
-Cabbages, cauliflowers, kohlrabi, kale and similar edible brassicas, fresh or chilled
-Lettuce (Lactuca sativa) and chicory (Cichorium spp.), fresh or chilled.
-Carrots, turnips, salad beetroot, salsify, celeriac, radishes and similar edible roots, fresh or chilled.
-Cucumbers and gherkins, fresh or chilled
-Leguminous vegetables, shelled or unshelled, fresh or chilled
-Other vegetables, fresh or chilled.
-Dried vegetables, whole, cut, sliced, broken or in powder, but not further prepared.
-Dried leguminous vegetables, shelled, whether or not skinned or split [other than put up in unit container and bearing a registered brand name]..
-Manioc, arrowroot, salep, Jerusalem artichokes, sweet potatoes and similar roots and tubers with high starch or inulin content, fresh or chilled; sago pith.
-All goods of seed quality.
-Coffee beans, not roasted.
-Unprocessed green leaves of tea.
-Fresh ginger and fresh turmeric other than in processed form exempted.
-Exemption on all goods (other than those put up in unit container and bearing a registered brand name).
-Flour Aata, maida, besan etc. (other than those put up in unit container and bearing a registered brand name)
-Wheat or meslin flour.
-Cereal flours other than of wheat or meslin i.e. maize (corn) flour, Rye flour, etc.
-Cereal groats, meal and pellets, other than those put up in unit container and bearing a registered brand name.
-Flour, of potatoes
-Flour, of the dried leguminous vegetables of heading (pulses), of sago or of roots or tubers of heading or of the products of Chapter 8 i.e. of tamarind, of singoda, mango flour, etc
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