Frequently Asked Questions

Which goods/sectors are kept outside GST?

o Alcoholic liquor for human consumption (already done by Constitution);
o Petroleum crude
o High speed diesel (HSD)
o Motor spirit (commonly known as petrol)
o Natural gas
o Aviation turbine fuel (ATF)
o Actionable claims except lotteries, betting and gambling
o Specified Real Estate 
o Securities 
[However ‘transaction in securities’ have been included in the scope of exempt supplies while determining pro rata reversal of input tax credits used for making both taxable and exempt supplies]
o Money

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