On which of the following items is GST not applied?

The correct answer is Petroleum products.

Key Points

• Petroleum products are currently outside the purview of the Goods and Services Tax (GST) in India.
• This exclusion applies to products such as crude oil, natural gas, petrol, diesel, and aviation turbine fuel.
• The taxation of these products remains under the jurisdiction of the central and state governments, with excise duty and Value Added Tax (VAT) being levied.
• The exclusion is primarily due to the significant revenue that both central and state governments derive from these products.
• Inclusion of petroleum products under GST has been a topic of discussion, but it has not been implemented due to potential revenue shortfalls for states.

 Additional Information

• Electronic goods
  • Electronic goods such as mobile phones, laptops, and other electronic devices are subject to GST in India.
  • The applicable GST rates can vary but commonly range between 18% and 28%.
• Textiles
  • The textile sector in India is also under the GST regime.
  • Different textile products have different GST rates, typically ranging from 5% to 18%.
• Pharmaceuticals
  • Pharmaceutical products are taxed under GST, with rates generally ranging from 5% to 12%.
  • Some essential and life-saving drugs may be exempt from GST or taxed at a lower rate.