GST Rate Slabs
Definition
The bands into which goods and services are classified for GST in India. After the GST 2.0 rationalisation effective 22 September 2025 the main slabs are 0%, 5%, 18% and 40%, with special rates of 0.25%, 1.5% and 3% for precious stones and metals.
Common questions
How many GST slabs are there now?
The main structure uses 0%, 5%, 18% and 40%, alongside special rates for precious stones and metals. The exact classification of an item should be confirmed against the current rate notification.
Related Terms in India GST
Nil-Rated Supply
A supply that attracts a GST rate of zero per cent under the tariff. It differs from a zero-rated supply (exports/SEZ, where input credit is preserved) and from an exempt supply, and the distinction affects how input tax credit is treated.
Mixed Supply
Under GST, two or more individual supplies sold together for a single price that are not naturally bundled. A mixed supply is taxed at the rate of the item carrying the highest GST rate in the bundle.
Composite Supply
Under GST, a supply of two or more goods or services that are naturally bundled and supplied together in the ordinary course of business, with one being the principal supply. The whole supply is taxed at the rate of the principal supply.
GST Registration Threshold
The aggregate turnover above which a business must register for GST in India. Separate limits apply for goods and services and for special-category states, and some businesses must register regardless of turnover. The applicable limit should be checked against the current notification.
Stop memorising terms — let HelloBooks do the work
AI-assisted bookkeeping that handles invoicing, GST, reconciliations, and reports automatically. Free to start.