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New GST rates from today: Know what gets cheaper and dearer. Full list
Monday, July 18, 2022 IST
New GST rates from today: Know what gets cheaper and dearer. Full list

New GST rates from today: Last month, the GST Council had forced charge on a large group of labor and products

 
 

New GST rates from today: Customers should pay additional on specific items and administrations from today as a progression of choices by the GST Council produces results. Certain things are set to draw in Goods and Services Tax (GST) while the expense outgo on specific things are set to descend as a progression of choices by the GST Council produces results.
 
Last month, the GST Council, led by Union Finance Minister Nirmala Sitharaman and containing her state partners, had forced charge on a large group of labor and products.
 
New GST rates: What might get more costly
 
5% GST on pre-stuffed, named food things like atta, paneer and curd.
 
5% GST on medical clinic rooms with lease above ₹5,000
 
• Guides and diagrams, including chart books, will draw in a 12 percent Goods and Services Tax (GST).
 
18% GST will be required on tetra packs.
 
18% GST on expenses charged by banks for the issue of checks (free or in book structure).
 
Charge rates on items like printing, composing or drawing ink; blades with cutting edges, paper blades and pencil sharpeners; LED lights; drawing and stamping out instruments will be climbed to 18 percent from 12% right now.
 
Sun oriented water radiator will presently draw in 12% GST when contrasted with 5% before.
 
Administrations, for example, work contracts for streets, spans, rail lines, metro, profluent treatment plants and crematoriums also will see charge going up to 18 percent from the ongoing 12%.

 
 

Things that would go less expensive
 
Expenses will be cut on ostomy apparatuses and on transport of products and travelers by ropeways to 5 percent from July 18, from 12 percent.
 
Leasing of truck, products carriage where the expense of fuel is incorporated will presently draw in a lower 12 percent rate as against 18%.
 
GST exclusion on the vehicle of travelers via air to and from northeastern states and Bagdogra will be confined to economy class as it were.
 
Electric vehicles, whether fitted with a battery pack, would be qualified for the concessional GST pace of 5% from July 18.

 
 
 
 
 

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   Prashnavali

  Thought of the Day

“Keep your face always toward the sunshine—and shadows will fall behind you.”
Walt Whitman

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Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST
Shibu Chandran
2 hours ago

Serving political interests in another person's illness is the lowest form of human value. A 70+ y old lady has cancer.

November 28, 2016 05:00 IST


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