GST Rates Chapter 88
[ As per discussions in GST Council Meeting held on 18th may 2017, 3rd June 2017, 11th June 2017 and 18th June 2017 ]
CHAPTER 88 : AIRCRAFT, SPACECRAFT, AND PARTS THEREOF
|
GST RATES
| Nil : |
1. |
Spacecraft (including satellites) and suborbital and spacecraft launch vehicles : 8802 60 00 |
|
2. |
8803 – Parts of goods of heading 8801 |
| 5% : |
1. |
8802 – Other aircraft (for example, helicopters, aeroplanes), other than those for personal use |
|
2. |
8803 – Parts of goods of heading 8802 |
| 18% : |
1. |
Balloons and dirigibles, gliders and other non-powered aircraft : 8801. |
|
2. |
Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto and parts thereof : 8804. |
|
3. |
Aircraft launching gear, deck arrestor or similar gear; ground flying trainers and parts thereof : 8805 |
| 28% : |
All goods not specified elsewhere. |
|
1. |
8802 – Aircrafts for personal use |
COMPENSATION CESS RATES
| Description of supply |
Tariff item, heading, sub- heading, Chapter, of goods or service, as the case may be |
Rate for GST Compensation Cess |
| (1) |
(2) |
(3) |
| ♦ Aircrafts for personal use. |
8802 |
3% |
