{"id":132321,"date":"2017-05-20T10:27:57","date_gmt":"2017-05-20T04:57:57","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=132321"},"modified":"2017-05-20T10:27:57","modified_gmt":"2017-05-20T04:57:57","slug":"14th-gst-council-approves-gst-rates-for-goods-and-gst-compensation-cess","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/05\/20\/14th-gst-council-approves-gst-rates-for-goods-and-gst-compensation-cess\/","title":{"rendered":"14th GST Council approves GST rates for goods and GST Compensation Cess\u00a0"},"content":{"rendered":"<p style=\"text-align: justify;\">The 14<sup>th<\/sup> Goods and Services Tax (GST) Council Meeting, chaired by the Union Minister of Finance Shri Arun Jaitley, was held at Srinagar, Jammu and Kashmir. The fitment of rates of goods were discussed during the Council meeting. The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. The Council has also broadly approved the rates of GST Compensation Cess to be levied on certain goods.<\/p>\n<p style=\"text-align: justify;\">The information has been uploaded after the GST Council\u2019s decision on the website of Central Board of Excise and Customs (CBEC) and is available at <a href=\"http:\/\/www.cbec.gov.in\/\">http:\/\/www.cbec.gov.in\/<\/a>. It will be subject to further vetting during which the lists may undergo some changes.<\/p>\n<p style=\"text-align: justify;\"><strong><a href=\"http:\/\/pibphoto.nic.in\/documents\/rlink\/2017\/may\/p201751905.pdf\">Chapter-wise-rate-wise-GST-schedule-18.05.2017<\/a><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><a href=\"http:\/\/pibphoto.nic.in\/documents\/rlink\/2017\/may\/p201751903.pdf\">GST-compensation-cess-rates-18.05.2017<\/a><\/strong><\/p>\n<p style=\"text-align: right;\">Ministry of Finance<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 14th Goods and Services Tax (GST) Council Meeting, chaired by the Union Minister of Finance Shri Arun Jaitley, was held at <\/p>\n","protected":false},"author":91,"featured_media":194173,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-132321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>14th GST Council approves GST rates for goods and GST Compensation Cess\u00a0 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2017\/05\/20\/14th-gst-council-approves-gst-rates-for-goods-and-gst-compensation-cess\/\" \/>\n<meta property=\"og:locale\" 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Council 50th Meeting] Uniform 28% GST levied on Casino, Race Course and Online Gaming","author":"Kriti","date":"July 12, 2023","format":false,"excerpt":"On 11-7-2023, the Goods and Services Tax (\u2018GST\u2019) Council in its 50th Meeting recommended changing GST tax rates, discussed measures for facilitation of trade and measures for streamlining compliances in GST. Key Points: 1. Recommendations relating to GST rates on Goods- \u2022 Changes in GST rates- Goods (Uncooked\/ Unfried Snacks)-\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"gst","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/goods-and-services-tax.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/goods-and-services-tax.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/goods-and-services-tax.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/goods-and-services-tax.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":153394,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/08\/31\/cabinet-approves-promulgation-of-ordinance-to-amend-the-gst-compensation-to-states-act-2017\/","url_meta":{"origin":132321,"position":1},"title":"Cabinet approves promulgation of Ordinance to amend the GST (Compensation to States) Act, 2017","author":"Saba","date":"August 31, 2017","format":false,"excerpt":"The Schedule to the Goods and Service Tax (GST) (Compensation to States) Act 2017, specifies the maximum rate at which Goods and Service Tax Compensation Cess may be collected. In respect of motor vehicles, the maximum rate, at which Goods and Service Tax Compensation Cess may be collected, is 15%.\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":148401,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/08\/08\/gst-council-recommends-increase-in-maximum-ceiling-of-cess-leviable-on-motor-vehicles-under-headings-8702-8703-to-25\/","url_meta":{"origin":132321,"position":2},"title":"GST Council recommends increase in maximum ceiling of cess leviable on motor vehicles under Headings 8702 &#038; 8703 to 25%","author":"Saba","date":"August 8, 2017","format":false,"excerpt":"The GST Council considered the issue of cess leviable on motor vehicles in its 20th meeting held on the 5th of August 2017 and recommended that Central Government may move legislative amendments required for increasing the maximum ceiling of cess leviable on motor vehicles falling under Headings 8702 and 8703\u2026","rel":"","context":"In &quot;Hot Off The Press&quot;","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/03\/GST.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":225473,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/02\/12\/ebcs-goods-and-services-tax-law-and-practice-1st-edn-2019-is-out-in-the-stores-everything-you-need-to-know-about-gst-is-available-here-buy-your-copy-soon\/","url_meta":{"origin":132321,"position":3},"title":"EBC&#8217;s  &#8212; Goods and Services Tax: Law and Practice [1st Edn., 2019] &#8212; is out in the stores! Everything you need to know about GST is available here [Buy your copy soon!]","author":"Bhumika Indulia","date":"February 12, 2020","format":false,"excerpt":"by Milind Kumar","rel":"","context":"In &quot;New releases&quot;","block_context":{"text":"New releases","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/book-releases\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/02\/kumar_goods_and_services_tax_1_2019.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/02\/kumar_goods_and_services_tax_1_2019.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/02\/kumar_goods_and_services_tax_1_2019.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/02\/kumar_goods_and_services_tax_1_2019.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/02\/kumar_goods_and_services_tax_1_2019.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":248922,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/05\/29\/key-takeaways-from-43rd-gst-council-meeting\/","url_meta":{"origin":132321,"position":4},"title":"Key Takeaways from 43rd GST Council meeting","author":"Prachi Bhardwaj","date":"May 29, 2021","format":false,"excerpt":"The 43rd\u00a0GST Council Meeting took place on May 28, 2021 under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. 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