GST New Rates -GST Pdf New Rates -Revised tax rates for 66 items

Home ยป GST New Rates -GST Pdf New Rates -Revised tax rates for 66 items

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)

Finance Minister Arun Jaitley said that recommendation to revise rates for a total of 133 items had been made out of which the GST rates were reduced for 66 items.GST New Rates - GST Pdf New Rates - GST Council revises tax rates for 66 items

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:

  1. GST on cashew nuts reduced from 12 per cent to 5 per cent

  2. GST on pickles, chutney, sauces, instant food mixes were charged at 18 per cent and are now reduced to 12 per cent

  3. GST on kajal slashed from 28 per cent to 18 per cent

  4. GST on insulin reduced from 12 per cent to 5 per cent

  5. GST on school bags reduced from 28 per cent to 18 per cent

  6. GST on children’s colouring and drawing books revised from 12 per cent to nil

  7. GST on cutlery reduced from 18 per cent to 12 per cent

  8. GST on some tractor components will now attract 18 per cent compared to 28 per cent under previous arrangement

  9. GST on computer printers reduced from 28 per cent to 18 per cent

  10. 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.

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One Comment

  1. Kalyani June 12, 2017 at 9:21 pm - Reply

    Hai sir.i am going to give exam in 2018 civils …I studied almost all basic books .now for I m going to prepare optional upto with answer writing till november.along with that I want to write answer writing for gs …pls provide me the details of marks weithage in each topic or subject in gs 1 , 2 ,3 thnx in advance…

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