| 0% | Nil-rated essentials: fresh produce, unpacked grain, milk, individual life and health insurance, several life-saving drugs. | Nil |
| 5% | Mass-consumption goods: packaged food, soap, shampoo, toothpaste, hair oil, butter, ghee, paneer, namkeen, footwear and apparel below the price threshold. | 2.5% + 2.5% |
| 18% | The standard rate for most goods and services: professional and freelance services, software, electronics, air conditioners, televisions, small cars and two-wheelers up to 350cc. | 9% + 9% |
| 40% | Luxury and demerit goods: tobacco and pan masala, aerated drinks, large cars, motorcycles above 350cc, casinos and betting. | 20% + 20% |
| 3% | Legacy rate retained for gold, silver and other precious metals. | 1.5% + 1.5% |
| 12% / 28% | Legacy slabs. Still needed when you raise a credit note, revise an invoice or amend a return that relates to a supply made before 22 September 2025. | 6% + 6% / 14% + 14% |