List of 3% GST rate items 2023: 3% GST Rate Items HSN Code for Goods for the year 2023-24 in accordance with Schedule V.
Recently, we have discussed about GST rates for Goods at 0.25% rate as approved by GST Council. Today, we shall know about the GST rates for Goods at 3% 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:
- 5 per cent. in respect of goods specified in Schedule I,
- 12 per cent. in respect of goods specified in Schedule II,
- 18 per cent. in respect of goods specified in Schedule III,
- 28 per cent. in respect of goods specified in Schedule IV,
- 3 per cent. in respect of goods specified in Schedule V, and
- 0.25 per cent. in respect of goods specified in Schedule VI
List of Goods covered under 3% GST Items
New GST rate 2023 PDF: Following are the list of items GST levied on supplies of Goods as per Schedule V – IGST @ 3% – CGST @ 1.5% – SGST / UTGST @ 1.5% w.e.f. 01.01.2022.
| HSN Code | Description of Goods |
|---|---|
| 7101 | Pearls, natural or cultured, whether or not worked or graded but not strung, mounted or set; pearls, natural or cultured, temporarily strung for convenience of transport |
| 7105 | Dust and powder of natural or synthetic precious or semi-precious stones |
| 7106 | Silver (including silver plated with gold or platinum), unwrought or in semi- manufactured forms, or in powder form |
| 7107 | Base metals clad with silver, not further worked than semi-manufactured |
| 7108 | Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form |
| 7109 | Base metals or silver, clad with gold, not further worked than semi-manufactured |
| 7110 | Platinum, unwrought or in semi-manufactured forms, or in powder form |
| 7111 | Base metals, silver or gold, clad with platinum, not further worked than semi- manufactured |
| 7112 | Waste and scrap of precious metal or of metal clad with precious metal; other waste and scrap containing precious metal or precious metal compounds, of a kind used principally for the recovery of precious metal. |
| 7113 | Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal |
| 7114 | Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal |
| 7115 | Other articles of precious metal or of metal clad with precious metal |
| 7116 | Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed) |
| 7117 | Imitation jewellery |
| 7118 | Coin |
The above list shows 3% GST rate items along with Chapter/Heading/ Subheading/ Tariff item and description of Goods.