Frequently Asked Questions
Is there any possibility of commodities kept outside GST being subject to GST in future?
Definition of ‘goods and services tax’ in the Constitution excludes ‘supply of the alcoholic liquor for human consumption’. Thus alcoholic liquor for human consumption cannot be subject to GST without making amendment in the Constitution.
GSTC has been empowered under the Constitution to recommend the date on which GST will be levied on petroleum crude, high speed diesel, motor spirit, natural gas and aviation turbine fuel. The Central Government has been empowered under the GST Act to notify such date on the recommendation of the GST Council. A decision is yet to be taken by the Council to bring these petroleum products under GST.
All other products are strictly not excluded from GST. However GSTC has also decided to exclude land and buildings except those that are supplied before completion or first occupation from GST. Money and securities are usually not taxed in GST and have been kept outside the definition of supply and are unlikely to be included at a later stage. Same is the position with actionable claims except lotteries.