consumers watch out for the following products/services
28 to 18% GST reduction from jan 1
digital cameras and cam corders
power banks
televisions and monitors up to 32 inches
video game consoles
services:
Cinema tickets above Rs 100: reduced to 18 percent from 28 percent.
Cinema tickets up to Rs 100: reduced to 12 percent from 18 percent.
Take before prices and compare with after prices to find profiteering cases more
digital cameras and cam corders
power banks
televisions and monitors up to 32 inches
video game consoles
services:
Cinema tickets above Rs 100: reduced to 18 percent from 28 percent.
Cinema tickets up to Rs 100: reduced to 12 percent from 18 percent.
Take before prices and compare with after prices to find profiteering cases more
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View all 6 comments Below 6 comments
GST reduction is the beggining step.Its implementation is the next important step.Govt agencies must do 5-10% sampling check so as to create fear among business community for implementation.Otherwise many may be reluctant to implement timely.As has been reported in local circle. more
Jan 02
Yes we need to extra cautions on the new items which has been reduced.Actually not much media coverage in newspaper have been given item wise. more
Dec 29
Unless the GST enforcement cell takes examplery action, there will be laxity with the producers and you will find prices continuing the same with profiteering cases. more
Dec 28
GST confusions to continue. I don't understand why the Government did not start the GST application/implementation with lower rate from the beginning. Is the Government now obliging the Producers/Manufacturers or consumers? more
Dec 28
The government is obliging only the consumers who get the benefit. Producers and manufacturers are two words meaning the same. more
Dec 29
Why was this 28% in the first place and how is the government going yo compensate for the extra tax collected let's talk about government profiteering before we attack businesses, how was the excess money used and how is it going to be refunded? more
Dec 28
Mr. Derek,
This is not the right place to question the fixation of GST rate done by the GST council. Write to GST council, file an RTI application with them or take some other appropriate step like writing to anti profiteering body against the government. The states charge VAT on certain products. The most common is petroleum products. This has increased over the years. have you ever protested or challenged that?
I hope you are paying income tax. Over the years the income tax rates and surcharge, education cess etc. have been changed / applied. Have you ever refused to pay the surcharge / cess?
As for your giving the example of cinema tickets, for a ticket with the basic price of Rs. 100/-, it may have cost Rs. 118/- with GST at 18%. What prevents the cinema owners to increase the basic price to Rs. 110/- and charge Rs. 123/- including GST? The same applies to other products. The seller is at fault if he still charges the earlier GST and issues a cash memo showing that.
The readers / members will be enlightened with your answers. more
This is not the right place to question the fixation of GST rate done by the GST council. Write to GST council, file an RTI application with them or take some other appropriate step like writing to anti profiteering body against the government. The states charge VAT on certain products. The most common is petroleum products. This has increased over the years. have you ever protested or challenged that?
I hope you are paying income tax. Over the years the income tax rates and surcharge, education cess etc. have been changed / applied. Have you ever refused to pay the surcharge / cess?
As for your giving the example of cinema tickets, for a ticket with the basic price of Rs. 100/-, it may have cost Rs. 118/- with GST at 18%. What prevents the cinema owners to increase the basic price to Rs. 110/- and charge Rs. 123/- including GST? The same applies to other products. The seller is at fault if he still charges the earlier GST and issues a cash memo showing that.
The readers / members will be enlightened with your answers. more
Dec 28
