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Prime Minister Narendra Modi welcomed the changes put forth by the Council and said that GST has become "simpler".Jaitley said the GST rates for 27 items had been changed.18 per cent 12 per centAll artificial filament yarn, such as viscose rayon, Cuprammonium18 per cent12 per centSewing thread of man-made staple fibres18 per cent12 per centYarn of man-made staple fibres18 per cent12 per centReal zari12 per cent5 per cent All goods falling under heading 6802 (other than those of marble and granite or those which attract 12% GST)28 per cent18 per cent Fittings for loose-leaf binders or files, letter clips, letter corners, paper clips, indexing tags and similar office articles, of base metal; staples in strips (for example, China plastic airless bottle for offices, upholstery, packaging), of base metal28 per cent18 per centPlain Shaft Bearing 848328 per cent18 per centParts suitable for use solely or principally with fixed Speed Diesel Engines of power not exceeding 15HP28 per cent18 per cent Parts suitable for use solely or principally with 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 pumps28 per cent18 per centE-waste28 per cent/ 18 per cent5 per centBiomass briquettes18 per cent5 per cent.Mumbai: The GST Council, headed by Finance Minister Arun Jaitley on Friday announced a slew of relief measures for exporters, small and medium businesses and also tweaked the rates for a number of items. Here is a look at what got cheaper:DescriptionPresent GST rateGST rate recommended by GST CouncilMango sliced dried12 per cent5 per centKhakra and plain chapati / roti12 per cent5 per centICDS food packets18 per cent5 per centLoose, unbranded namkeen12 per cent5 per centUnbranded Ayurvedic, Unani, Siddha, Homeopathy medicines12 per cent5 per centPoster colour28 per cent18 per centModelling paste for children amusement28 per cent18 per centPlastic waste, parings or scrap18 per cent5 per centRubber waste, parings or scrap 18 per cent5 per centHard Rubber waste or scrap28 per cent5 per centPaper waste or scrap12 per cent5 per centDuty credit scrips5 per centNilSewing thread of man-made filaments, whether or not put up for retail sale18 per cent12 per centAll synthetic filament yarn, such as nylon, polyester, acrylic, etc
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