GST Comparison chart, Practitioner Forms and Opportunity for GST Practitioner, Returns and their Due Dates of GST by CS Ravi Shankar Periwal and CS Shefali Bharti


In our earlier Articles all you have gone through Input Tax Credit in GST, How to adjust Credit, Rates of GST with Compliances:, hope you will be come across to know the how to get Input Tax Credit.

Now further we are compiled our efforts to put all material facts about GST Comparison chart, Practitioner Forms and Opportunity for GST Practitioner, Returns and their Due Dates in next Article Given below:

 

GST Rates Comparison Chart on Services

Please Note – Existing Rates are based on Maharashtra VAT, may vary from state to state

Name of ITEM 

GST Rate(%) 

Existing Rate(%)

Telecom

18

15

Works contracts

12

15

Non AC/alcohol-serving restaurants

12

13-14

AC, alcohol-serving restaurants

18

22

Five-star restaurants

28

18

GST Rates Comparison Chart on Constructions

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

Name of ITEM

GST Rate(%)

Existing Rate(%)

Cement

28

30

Wall paper

28

18.5

Paints and varnishes

28

26

Putty, wall fillings

28

26

Plaster

28

26

Ceramic tiles

28

26

Tempered glass

28

26

Sand lime bricks, fly ash bricks

5

6

GST Rates Comparison Chart on Metals & Minerals

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

Name of ITEM

GST Rate(%)

Existing Rate(%)

Peat

5

19.5

All ores and concentrates

5

18.5

Kerosene PDS

5

17

Petroleum coke, petroleum bitumen

18

27.5

Tar

5

12

Coal

5

12

Lignite

5

12

Copper bars, rods, wires

18

18.5

Copper screws, nuts, bolts

18

18.5

Nickel bars, rods, wires

18

18.5

Nickel screw, nuts, bolts

18

18.5

Nickel tubes, pipes, netting

18

18.5

Aluminium ingots, rods, wires

18

18.5

Lead plates, sheets, strips

18

18.5

Zinc goods

18

18.5

Tin bars, rods

18

18.5

GST Rates Comparison Chart on Lifestyle and Home

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

Name of ITEM 

GST Rate(%) 

Existing Rate(%)

Leather bags

28

6

Cell phones

18

6

Yachts

28

18.5

Air conditioners

28

26

Refrigerators

28

26

Storage water heaters

28

26

Dish washing machines

28

26

Printer, photocopier, fax machines

28

26

Wristwatches

28

26

Furniture

28

26

Video game consoles

28

26

Exercise equipment

28

26

Sports goods

12

18.5

Bicycles

12

18.5

Spectacle lens

12

18.5

Whey proteins & fitness supplements

18

26

Hats and other headgears

18

26

Steel utensils

5

18.5

GST Rates Comparison Chart on Consumer Goods

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

ITEM

GST Rate (%)

Existing Rate(%)

Aluminium Foil

28

18.5

Agarbatti

12

0

Preserved Vegetables

18

0

Butter, ghee, cheese

12

6

Dry fruits

12

6

Jams, jellies

18

12

Frozen meal

12

6

Branded paneer

5

0

Branded cereals

5

0

Cocoa butter, oils chocolates

28

26

Instant, aroma coffee

28

26

Coffee concentrates, custard powder

28

26

Protein concentrates, sugar syrups

28

26

Razors

28

26

Dental floss

28

26

Toothpaste

28

26

Deodorants

28

26

Aftershave

28

26

Shaving cream

28

26

Cereals

0

0

Puffed, rice, papad, bread

Exempt

0

Aquatic/poultry/cattle feed

Exempt

0

Salt

Exempt

0

Soyabean, groundnut, sunflower, seeds

5

6

Infant use preparations

18

19.5

Pasta, corn flakes, and cakes

18

19.5

Coffee, tea

5

6

Frozen vegetables

5

6

Condensed milk

18

18.5

Toilet paper

18

18.5

Hot water bottles

18

18.5

Petroleum jelly, paraffin wax

18

20

Pencil sharpeners, knives

12

18.5

Meats & fish preparations

12

18.5

Sweetmeats

5

12

Bakery mixes, dough’s, pizza bread

5

12

Vegetable fats & oils

5

12

Tea concentrates, sauces, soups

5

12

Ice cream, instant food mixes, sherbet

18

26

Refined sugar

18

26

Soap

18

26

Dentrifices – toothpaste

18

26

Hair oil

18

26

Handmade safety matches

5

18.5

Broomsticks

5

18

Candles

12

26

Tooth powder

12

26

Led lights

12

26

Milk beverages

12

26

Ready to eat namkeen/bhujiya

12

26

Beet sugar, cane sugar

5

26

GST Rates Comparison Chart on Others

Please Note – Existing Rates are based on Maharastra VAT, may vary from state to state

Name of ITEM 

GST Rate (%) 

Existing Rate (%)

Tyres

28

18.5

Steam

12

0

Children’s drawing books

12

0

Plastic products

28

18.5

Calcerous stone

28

18.5

Artists’, students’ or signboard colours

28

18.5

Nuclear fuel

5

0

Heavy water and other nuclear fuels

5

0

Compressed air

5

0

Solar water heater

5

0

Renewable energy devices

5

0

Braille typewriters

18

13.5

Pianos

28

26

Revolvers

28

26

Artificial Flowers

28

26

Bangles (Non-Precious Metals)

EXEMPT

0

Fountain pen ink, ball pen ink

12

12

Wood pulp

12

12

Printed books

0

0

Calendars

12

12

Animal or human blood vaccines

5

6

Power driven water pumps

12

12.5

Padlocks, locks

18

18.5

Helmets

18

18.5

Plastic Products

28

18.5

Fertilizers

12

18.5

Tractors

12

18.5

Sewing/knitting needles

12

18.5

Agricultural implements

0

12.5

Firewood

0

12.5

Geometry boxes

5

18.5

 GST Practitioner Forms:

Forms

 

GST Form- PCT 01

Application for enrolment as GST Practitioner

GST Form- PCT 02

Enrolment Certificate for GST Practitioner

GST Form- PCT 03

Show Cause Notice for disqualification

GST Form- PCT 04

Order of Rejection of Application for enrolment of GST Practitioner/ Or Disqualification to function as GST Practitioner.

GST Form- PCT 05

Authorization/ withdrawal of authorization of GST Practitioner

 

Opportunity for GST Practitioner Enrolment sought as:

  1. Company Secretary holding COP
  2. Cost and Management Accountant holding COP
  3. Chartered Accountant holding COP
  4. Advocate
  5. Graduate or Postgraduate degree in Commerce
  6. Graduate or Postgraduate degree in Banking
  7. Graduate or Postgraduate degree in Business Administration
  8. Graduate or Postgraduate degree in Business management
  9. Degree examination of any recognized foreign university
  10. Retired Government Officials.

Types of GST Returns and their Due Dates

Return Form

What to file?

By Whom?

By When?

GSTR-1

Details of outward supplies of taxable goods and/or services effected

Registered Taxable Supplier

10th of the next month

GSTR-2

Details of inward supplies of taxable goods and/or services effected claiming input tax credit.

Registered Taxable Recipient

15th of the next month

GSTR-3

Monthly return on the basis of finalization of details of outward supplies and inward supplies along with the payment of amount of tax.

Registered Taxable Person

20th of the next month

GSTR-4

Quarterly return for compounding taxable person.

Composition Supplier

18th of the month succeeding quarter

GSTR-5

Return for Non-Resident foreign taxable person

Non-Resident Taxable Person

20th of the next month

GSTR-6

Return for Input Service Distributor

Input Service Distributor

13th of the next month

GSTR-7

Return for authorities deducting tax at source.

Tax Deductor

10th of the next month

GSTR-8

Details of supplies effected through e-commerce operator and the amount of tax collected

E-commerce Operator/Tax Collector

10th of the next month

GSTR-9

Annual Return

Registered Taxable Person

31st December of next financial year

GSTR-10

Final Return

Taxable person whose registration has been surrendered or cancelled.

Within three months of the date of cancellation or date of cancellation order, whichever is later.

GSTR-11

Details of inward supplies to be furnished by a person having UIN

Person having UIN and claiming refund

28th of the month following the month for which statement is filed

All these returns are required to be filed digitally online through a common portal to be provided by GSTN, non-government, private limited company promoted by the central and state governments with the specific mandate to build the IT infrastructure and the services required for implementing Goods and Services Tax (GST).

Further Topic Regarding "GST FAQ's" will be explain in next coming Article No.5

Authors Details:

RSPB Corporate Solutions LLP
(Founders)

CS Ravi Shankar Periwal                             CS Shefali Bharti
Mem:A42832                                             Mem: A42905
Email:csraviperiwal@gmail.com                Email:csshefalibharti@gmail.com
Contact: 8866438401                               Contact:8960825113/9807656327

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