Under a major restructuring of the Goods and Services Tax (GST) system in India, a new GST relief 40% tax slab has been approved for “sin goods” and “super-luxury items.” This is part of a simplification of the tax structure. Here is a comprehensive list of the items that are set to attract this new, higher tax rate.
Full List of Items Under the 40% GST Relief Slab
Tobacco and Pan Masala GST Relief (Sin Goods)
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- Pan masala
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- Gutka
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- Chewing tobacco
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- Unmanufactured tobacco and tobacco refuse (excluding leaves)
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- Cigarettes
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- Cigars, cheroots, cigarillos, and similar substitutes
Aerated and Sugary GST Relief Beverages
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- Carbonated drinks
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- Cold drinks with added sugar
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- Caffeinated carbonated beverages
Luxury Cars GST Relief
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- Petrol cars with an engine capacity above 1200 cc
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- Diesel cars with an engine capacity above 1500 cc
High-End Motorcycles GST Relief
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- Motorcycles with an engine capacity above 350 cc
Super-Luxury Marine and Aircraft
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- Yachts
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- Personal aircraft, including helicopters
Other “Sin” or Luxury Items
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- Coal, lignite, and peat
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- Online gambling and gaming services
It is important to note that while the GST Council has approved this new 40% slab, the implementation date for some items may vary. For tobacco products, the existing rates of GST and compensation cess will continue until outstanding loans are cleared. It is always advisable to refer to official government notifications for the most current information.