a) 18% to 12% on parts of Slide Fasteners
b) 18% to 5% on Marine Fuel 0.5% (FO)
c) 12% to 5% on Wet Grinders (consisting stone as a grinder)
d) 5% to Nil on:-
(i) Dried tamarind
(ii) Plates and cups made up of leaves/ flowers/bark
e) 3% to 0.25% on cut and polished semi- precious stones
f) Applicable rate to 5% on specified goods for petroleum operations undertaken under Hydrocarbon Exploration Licensing Policy (HELP)
The above rate changes shall be made effective with effect from 1st October, 2019.
g) The GST rate on all electric vehicles be reduced from 12% to 5%.
h) The GST rate on charger or charging stations for Electric vehicles be reduced from 18% to 5%.
i) Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities be exempted from GST.
The above rate changes shall be made effective with effect from 1 st August, 2019.