Open App

GST Exam > GST Notes > Learn About GST : Updates and Rules > List of Goods at 3% Rate - Rate Lists for Goods

List of Goods at 3% Rate - Rate Lists for Goods | Learn About GST : Updates and Rules PDF Download

S. No.	Chapter/Heading/ Sub-heading/ Tariff item	Description of Goods
1.	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
2.	7102	Diamonds, whether or not worked, but not mounted or set [other than Non-Industrial Unworked or simply sawn, cleaved or bruted]
3.	7103	Precious 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 [other than Unworked or simply sawn or roughly shaped]
4.	7104	Synthetic or reconstructed precious or semi-precious stones, whether or not worked or graded but not strung, mounted or set; ungraded synthetic or reconstructed precious or semi-precious stones, temporarily strung for convenience of transport [other than Unworked or simply sawn or roughly shaped]
5.	7105	Dust and powder of natural or synthetic precious or semi-precious stones
6.	7106	Silver (including silver plated with gold or platinum), unwrought or in semi-manufactured forms, or in powder form

7.	7107	Base metals clad with silver, not further worked than semi-manufactured
8.	7108	Gold (including gold plated with platinum) unwrought or in semi-manufactured forms, or in powder form
9.	7109	Base metals or silver, clad with gold, not further worked than semi-manufactured
10.	7110	Platinum, unwrought or in semi-manufactured forms, or in powder form
11.	7111	Base metals, silver or gold, clad with platinum, not further worked than semi-manufactured
12.	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.
13.	7113	Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal
14.	7114	Articles of goldsmiths’ or silversmiths’ wares and parts thereof, of precious metal or of metal clad with precious metal
15.	7115	Other articles of precious metal or of metal clad with precious metal
16.	7116	Articles of natural or cultured pearls, precious or semi-precious stones (natural, synthetic or reconstructed)
17.	7117	Imitation jewellery
18.	7118	Coin

The document List of Goods at 3% Rate - Rate Lists for Goods | Learn About GST : Updates and Rules is a part of the GST Course Learn About GST : Updates and Rules.

All you need of GST at this link: GST

	Learn About GST : Updates and Rules 71 docs

Learn About GST : Updates and Rules

71 docs

Join Course for Free

Top Courses for GST

View all

FAQs on List of Goods at 3% Rate - Rate Lists for Goods - Learn About GST : Updates and Rules

1. What is the 3% rate list for goods under GST?

Ans. The 3% rate list for goods under GST includes various items such as gold, silver, precious stones, and jewelry. These goods are subject to a GST rate of 3% when sold or purchased.

2. Are all goods taxed at a 3% rate under GST?

Ans. No, not all goods are taxed at a 3% rate under GST. The 3% rate is specifically applicable to certain goods like gold, silver, precious stones, and jewelry. Other goods may have different GST rates depending on their category and classification.

3. Are there any exemptions or concessions for goods under the 3% rate list?

Ans. Yes, there are exemptions and concessions available for goods under the 3% rate list. For example, certain handmade jewelry or jewelry made from natural materials may be eligible for concessional rates or exemptions. It is advisable to consult the GST rate lists and notifications for specific details on exemptions and concessions.

4. How is the 3% GST rate calculated for goods?

Ans. The 3% GST rate is calculated on the transaction value of the goods. The transaction value includes the price paid or payable for the goods, any taxes, duties, charges, or expenses incurred for the delivery of the goods, and any consideration for the supply of services in relation to the goods.

5. Can I claim input tax credit on goods taxed at the 3% rate under GST?

Ans. Yes, you can claim input tax credit on goods taxed at the 3% rate under GST, provided you meet the necessary conditions. Input tax credit allows you to offset the GST paid on inputs or raw materials against the GST liability on the output. However, it is important to maintain proper records and comply with the prescribed rules and regulations to avail input tax credit.

Related Exams

GST

About this Document

	4.76/5 Rating
	Dec 21, 2024 Last updated

Document Description: List of Goods at 3% Rate - Rate Lists for Goods for GST 2024 is part of Learn About GST : Updates and Rules preparation. The notes and questions for List of Goods at 3% Rate - Rate Lists for Goods have been prepared according to the GST exam syllabus. Information about List of Goods at 3% Rate - Rate Lists for Goods covers topics like and List of Goods at 3% Rate - Rate Lists for Goods Example, for GST 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for List of Goods at 3% Rate - Rate Lists for Goods.

Introduction of List of Goods at 3% Rate - Rate Lists for Goods in English is available as part of our Learn About GST : Updates and Rules for GST & List of Goods at 3% Rate - Rate Lists for Goods in Hindi for Learn About GST : Updates and Rules course. Download more important topics related with notes, lectures and mock test series for GST Exam by signing up for free. GST: List of Goods at 3% Rate - Rate Lists for Goods | Learn About GST : Updates and Rules

Description

Full syllabus notes, lecture & questions for List of Goods at 3% Rate - Rate Lists for Goods | Learn About GST : Updates and Rules - GST | Plus excerises question with solution to help you revise complete syllabus for Learn About GST : Updates and Rules | Best notes, free PDF download

Information about List of Goods at 3% Rate - Rate Lists for Goods

In this doc you can find the meaning of List of Goods at 3% Rate - Rate Lists for Goods defined & explained in the simplest way possible. Besides explaining types of List of Goods at 3% Rate - Rate Lists for Goods theory, EduRev gives you an ample number of questions to practice List of Goods at 3% Rate - Rate Lists for Goods tests, examples and also practice GST tests

	Learn About GST : Updates and Rules 71 docs

Learn About GST : Updates and Rules

71 docs

Join Course for Free

Download as PDF

Explore Courses for GST exam

Top Courses for GST

Explore Courses

Signup for Free!

Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.

Start learning for Free

10M+ students study on EduRev

video lectures

Exam

Viva Questions

practice quizzes

MCQs

mock tests for examination

Objective type Questions

List of Goods at 3% Rate - Rate Lists for Goods | Learn About GST : Updates and Rules

ppt

Sample Paper

Summary

List of Goods at 3% Rate - Rate Lists for Goods | Learn About GST : Updates and Rules

pdf

List of Goods at 3% Rate - Rate Lists for Goods | Learn About GST : Updates and Rules

Semester Notes

Previous Year Questions with Solutions

shortcuts and tricks

Important questions

Extra Questions

Free

past year papers

study material

;

Additional Information about List of Goods at 3% Rate - Rate Lists for Goods for GST Preparation

List of Goods at 3% Rate - Rate Lists for Goods Free PDF Download

The List of Goods at 3% Rate - Rate Lists for Goods is an invaluable resource that delves deep into the core of the GST exam. These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective. With the help of these notes, you can grasp complex subjects quickly, revise important points easily, and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner, allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material, or toppers' notes, this PDF has got you covered. Download the List of Goods at 3% Rate - Rate Lists for Goods now and kickstart your journey towards success in the GST exam.

Importance of List of Goods at 3% Rate - Rate Lists for Goods

The importance of List of Goods at 3% Rate - Rate Lists for Goods cannot be overstated, especially for GST aspirants. This document holds the key to success in the GST exam. It offers a detailed understanding of the concept, providing invaluable insights into the topic. By knowing the concepts well in advance, students can plan their preparation effectively. Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.

List of Goods at 3% Rate - Rate Lists for Goods Notes

List of Goods at 3% Rate - Rate Lists for Goods Notes offer in-depth insights into the specific topic to help you master it with ease. This comprehensive document covers all aspects related to List of Goods at 3% Rate - Rate Lists for Goods. It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation. Practice papers and question papers enable you to assess your progress effectively. Additionally, the paper analysis provides valuable tips for tackling the exam strategically. Access to Toppers' notes gives you an edge in understanding complex concepts. Whether you're a beginner or aiming for advanced proficiency, List of Goods at 3% Rate - Rate Lists for Goods Notes on EduRev are your ultimate resource for success.

List of Goods at 3% Rate - Rate Lists for Goods GST Questions

The "List of Goods at 3% Rate - Rate Lists for Goods GST Questions" guide is a valuable resource for all aspiring students preparing for the GST exam. It focuses on providing a wide range of practice questions to help students gauge their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation. The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level. Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.

Study List of Goods at 3% Rate - Rate Lists for Goods on the App

Students of GST can study List of Goods at 3% Rate - Rate Lists for Goods alongwith tests & analysis from the EduRev app, which will help them while preparing for their exam. Apart from the List of Goods at 3% Rate - Rate Lists for Goods, students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc. The EduRev App will make your learning easier as you can access it from anywhere you want. The content of List of Goods at 3% Rate - Rate Lists for Goods is prepared as per the latest GST syllabus.

Education Revolution