GST New Rates – GST Pdf New Rates – GST Council revised tax rates for 66 items
GST New Rates – GST Pdf New Rates – GST Council revises tax rates for 66 items -GST rates revised for 66 items, including kitchen items and movie tickets, scope of a concessional tax payment scheme for small businesses and restaurants widened
Revised GST Rates for Certain Goods on 11th Jun 2017 (All Items List)
What’s getting cheaper?
Most of the items on which the GST rates have been reduced are of use for the common man. They include cashew nut, sauces, pickles, insulin, children’s colouring and drawing books, cutlery.
GST rates were also revised for computer printers, tractor components. Cinema tickets under Rs 100 would be taxed at 18 percent, while above Rs 100 would be charged at Rs 28 percent
Here’s a detailed list of revised GST rates:
GST on cashew nuts reduced from 12 per cent to 5 per cent
GST on pickles, chutney, sauces, instant food mixes were charged at 18 per cent and are now reduced to 12 per cent
GST on kajal slashed from 28 per cent to 18 per cent
GST on insulin reduced from 12 per cent to 5 per cent
GST on school bags reduced from 28 per cent to 18 per cent
GST on children’s colouring and drawing books revised from 12 per cent to nil
GST on cutlery reduced from 18 per cent to 12 per cent
GST on some tractor components will now attract 18 per cent compared to 28 per cent under previous arrangement
GST on computer printers reduced from 28 per cent to 18 per cent
GST rate of 28 per cent will be maintained for all cinema tickets above Rs 100 while for tickets below Rs 100, it will be reduced to 18 per cent.