GST rate reduction and profiteering
for easy access of all circle friends, here is the list of all items where rates have been reduced by Government. We must all be very proactive and see where the sellers/companies are not reducing rates and MRPs.
Not only staying vigilant will penalise companies to stop such malpractices, it will also help us in saving money.
1. Rates for 17 consumer goods including washing machines, refrigerators, TVs, video games, vacuum cleaners, trailers, juicer mixer, grinders, shavers and hair dryers, water coolers, water heaters, lithium-ion batteries and electric iron slashed from 28 percent to 18 percent.
2. GST rate of 18 percent will be applicable on TVs up to 68 cm (27 inch) in size
3. Small handicraft exempted under GST
4. Deities made of stone, marble and wood exempted under GST
5. Rakhis exempted under GST
6. Knitted caps or otherwise under Rs 1,000/Unit now at 5 percent
7. Ethanol for oil companies now under 5 percent slab
8. Footwear under Rs 1,000 now under 5 percent slab
9. Actual bill of hotel stay above Rs 7,500 will attract 28 percent GST. Actual hotel bill below Rs 7,500 will, however, attract only 18 percent GST
10. Fortified milk will be exempted from GST
11. Rates on paints, wall putty and varnish down to 18 percent from 28 percent
12. Perfumes, toilet spray now under 18 percent slab
13. GST on handbags, jewellery box, wooden box for paintings, artware of glass, stone endeavour, ornamental framed mirrors, handmade lamps etc reduced to 12 percent more
Not only staying vigilant will penalise companies to stop such malpractices, it will also help us in saving money.
1. Rates for 17 consumer goods including washing machines, refrigerators, TVs, video games, vacuum cleaners, trailers, juicer mixer, grinders, shavers and hair dryers, water coolers, water heaters, lithium-ion batteries and electric iron slashed from 28 percent to 18 percent.
2. GST rate of 18 percent will be applicable on TVs up to 68 cm (27 inch) in size
3. Small handicraft exempted under GST
4. Deities made of stone, marble and wood exempted under GST
5. Rakhis exempted under GST
6. Knitted caps or otherwise under Rs 1,000/Unit now at 5 percent
7. Ethanol for oil companies now under 5 percent slab
8. Footwear under Rs 1,000 now under 5 percent slab
9. Actual bill of hotel stay above Rs 7,500 will attract 28 percent GST. Actual hotel bill below Rs 7,500 will, however, attract only 18 percent GST
10. Fortified milk will be exempted from GST
11. Rates on paints, wall putty and varnish down to 18 percent from 28 percent
12. Perfumes, toilet spray now under 18 percent slab
13. GST on handbags, jewellery box, wooden box for paintings, artware of glass, stone endeavour, ornamental framed mirrors, handmade lamps etc reduced to 12 percent more
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Oct 31
Even after the notification about the reduction in the GST, the companies have not reduced and government knowingly ignored this aspect. more
Sep 03
it is pandaemonium due to frequent changing of rates and details. Few months back purchased many things and paid GST through nose. Also this changes are not reaching to the grass root , thus the business man, traders are minting the money. It is intensional for benefit of business community to contribute more in the election kitty ? more
Aug 25
GST on Medical assurance, not only they have increased fromRs ~11000 to Rs29000, in this Rs~5000 GST. This is waht modi does for pensioners. Sorry to say the least Prof.Retd, kantharaj more
Aug 25
