0.25% GST Rate Items HSN Code for Goods Updated 2023

List of 0.25% GST rate items as per schedule VI approved in the Goods and Services Tax Council meeting. IGST @ 0.25%, CGST @ 0.125%, SGST/ UTGST @ 0.125%.

List of 0.25% GST rate items 2023: 0.25% GST Rate Items HSN Code for Goods for the year 2023-24 in accordance with Schedule VI.

Recently, we have discussed about GST rates for Goods at 3% rate as approved by GST Council. Today, we shall know about the GST rates for Goods at 0.25% as decided by the GST Council. The GST Council has broadly approved the GST rates for goods at 3%, 5%, 12%, 18% and 28% to be levied on certain goods.

IGST rate published vide Notification No. 1/2017-Integrated Tax (Rate), G.S.R. 666(E) dated 28.06.2017 and was last amended by 18/2021-Integrated Tax (Rate), G.S.R. 893(E) dated 28.12.2021.

CGST rates were published vide Notification No. 1/2017-Central Tax (Rate), G.S.R. 673(E) dated 28th June 2017 and was last amended by Notification No. 18/2021-Central Tax (Rate), G.S.R. 892(E) dated 28th December, 2021.

UTGST rates were notified vide Notification No. 1/2017-Union Territory Tax (Rate), G.S.R. 710(E) dated 28.06.2017 and was last amended by Notification No. 18/2021-Union Territory Tax (Rate), G.S.R. 894(E) dated 28.12.2021.

The GST rate structure for goods have been notified. For convenience, goods have been organised rate-wise in schedules I to VI as sited below:

  1. 5 per cent. in respect of goods specified in Schedule I,
  2. 12 per cent. in respect of goods specified in Schedule II,
  3. 18 per cent. in respect of goods specified in Schedule III,
  4. 28 per cent. in respect of goods specified in Schedule IV,
  5. 3 per cent. in respect of goods specified in Schedule V, and
  6. 0.25 per cent. in respect of goods specified in Schedule VI

List of Goods covered under 0.25% GST Items

New GST rate 2023 PDF: Following are the list of items GST levied on supplies of Goods as per Schedule VI – IGST @ 0.25% – CGST @ 0.125% – SGST / UTGST @ 0.125% w.e.f. 01.01.2022.

HSN CodeDescription of Goods
7102All goods
7103Precious stones (other than diamonds) and semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded precious stones (other than diamonds) and semi-precious stones, temporarily strung for convenience of transport
7104Synthetic or reconstructed precious or semiprecious stones, whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semiprecious stones, temporarily strung for convenience of transport
HSN Code for GST Rate 0.25% Goods

The above list shows 0.25% GST rate items along with Chapter/Heading/ Subheading/ Tariff item and description of Goods.

Explanation

For the purposes of Schedule VI, –

(i) The phrase “unit container” means a package, whether large or small (for example, tin, can, box, jar, bottle, bag, or carton, drum, barrel, or canister) designed to hold a pre-determined quantity or number, which is indicated on such package.

(ii)(a) The phrase “brand name” means brand name or trade name, that is to say, a name or a mark, such as symbol, monogram, label, signature or invented word or writing which is used in relation to such specified goods for the purpose of indicating, or so as to indicate a connection in the course of trade between such specified goods and some person using such name or mark with or without any indication of the identity of that person.

(b) The phrase “registered brand name” means,-

  • (A) a brand registered as on the 15th May 2017 or thereafter under the Trade Marks Act, 1999 irrespective of whether or not the brand is subsequently de-registered;
  • (B) a brand registered as on the 15th May2017 or thereafter under the Copyright Act, 1957(14 of 1957);
  • (C) a brand registered as on the 15th May 2017 or thereafter under any law for the time being in force in any other country.

(iii) “Tariff item”, “sub-heading” “heading” and “Chapter” shall mean respectively a tariff item, sub-heading, heading and chapter as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975).

(iv) The rules for the interpretation of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975), including the Section and Chapter Notes and the General Explanatory Notes of the First Schedule shall, so far as may be, apply to the interpretation of this notification.

ANNEXURE

For foregoing an actionable claim or enforceable right on a brand name,-

(a) the person undertaking packing of such goods in unit containers which bear a brand name shall file an affidavit to that effect with the jurisdictional commissioner of Central tax or jurisdictional commissioner of State tax, as the case maybe, that he is voluntarily foregoing his actionable claim or enforceable right on such brand name as defined in Explanation (ii)(a); and

(b) the person undertaking packing of such goods in unit containers which bears a brand name shall, on each such unit containers, clearly print in indelible ink, both in English and the local language, that in respect of the brand name as defined in Explanation (ii)(a) printed on the unit containers he has foregone his actionable claim or enforceable right voluntarily.


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