What are GST Rates?
GST (Goods and Services Tax) rates determine the tax percentage applicable to different products and services. In India, there are four main GST rate slabs under which products and services are classified.
What are the 4 GST Rates in India?
The GST rates in India are:
- 0% GST – Exempted goods
- 5% GST – Essential commodities
- 12% GST – Standard goods
- 18% GST – Regular goods and services
- 28% GST – Luxury goods (sin products)
GST Rate Slab-wise Product List
Exempted Goods (0% GST)
- Basic food items (rice, wheat, pulses, sugar)
- Milk and dairy products
- Fresh vegetables
- Fruits (except processed)
- Food grains
- Books and newspapers
5% GST – Essential Items
- Cooking oil
- Salt and spices
- Tea and coffee
- Specified medicines
- Road-facing fuel
12% GST – Moderate Tax Items
- Textiles and clothing (some)
- Small restaurants
- Processed food
- Cosmetics
- Footwear
18% GST – Standard Rate
- Restaurant services
- Transportation
- IT services
- Hotel accommodation
- Professional services
- Electricity
28% GST – Luxury Items
- Automobiles
- Tobacco products
- Alcohol
- Aviation fuel
- Luxury items
Special GST Rates
- Real estate – 5% (residential)
- Precious metals – 5-18%
- Insurance services – 18%
How to Find the GST Rate for Your Product?
You can check the GST rate for any product or service on the official GST portal at www.gstportal.gov.in.
Why Understanding GST Rates Matters?
- Helps calculate correct invoice amounts
- Ensures proper ITC (Input Tax Credit) claims
- Prevents penalties from incorrect compliance
- Helps in business pricing strategy
Expert GST Guidance from Sanjay A & Co
With 20+ years of experience, Sanjay A & Co helps businesses understand and correctly apply GST rates. Whether you're a new business or an established trader, we ensure you're compliant.
Our Services:
- GST rate classification for your products
- Invoice corrections for rate mismatches
- GST planning for tax optimization
- Compliance and return filing
Contact Us
Phone: 9814814584, 7986782056
Email: ca.gupta.sanjay@gmail.com
Address: Above DCB Bank, Opposite District Court, Hoshiarpur
Available: Monday–Saturday, 8:30 AM – 7:30 PM | Online: 24/7 via WhatsApp