GST relief for consumers: These 178 items became cheaper from Nov 15

From shampoo and detergents to fans, wires and cable, here is the list of items that became cheaper from Wednesday after the GST Council moved 178 items from the 28% GST bracket to 18%

GST

After the Goods and Services Tax (GST) Council at its 23rd meeting on November 10 recommended a major GST relief in rates on certain goods, a set of 178 items of common use were moved from the highest tax bracket of 28 per cent to 18 per cent with effect from November 15.

With the rate reduction coming into effect, consumers get the benefit in the form of a corresponding reduction in the price on these goods. |¬†Today’s ¬†Paper

ALSO READ: From chocolates to cutlery: 200 items cheaper as GST cuts notified

According to the government, the 178 items that have become cheaper for consumers can be classified as under:

* Wires, cables, insulated conductors, electrical insulators, electrical plugs, switches, sockets, fuses, relays, electrical connectors

* Electrical boards, panels, consoles, cabinets etc for electric control or distribution

* Particle/fibre boards and plywood; articles of wood, wooden frame, paving block

* Furniture, mattress, bedding and similar furnishing

* Trunk, suitcase, vanity cases, briefcases, travelling bags and other handbags, cases

* Detergents, washing and cleaning preparations

* Liquid or cream for washing the skin

* Shampoos; Hair cream, Hair dyes (natural, herbal or synthetic) and similar other goods; henna powder or paste, not mixed with any other ingredient;

* Pre-shave, shaving or after-shave preparations, personal deodorants, bath preparations, perfumery, cosmetic or toilet preparations, room deodorisers

* Perfumes and toilet waters

* Beauty or make-up preparations

* Fans, pumps, compressors

* Lamp and light fitting

* Primary cell and primary batteries

* Sanitary ware and parts thereof, of all kinds

* Articles of plastic, floor covering, baths, shower, sinks, washbasins, seats, sanitary ware of plastic

* Slabs of marbles and granite

* Goods of marble and granite such as tiles

* Ceramic tiles of all kinds

* Miscellaneous articles such as vacuum flasks, lighters

* Wrist watches, clocks, watch movements, watch cases, straps, parts

* Articles of apparel & clothing, accessories of leather, guts, furskin, artificial fur and other articles such as saddlery and harness for any animal

* Articles of cutlery, stoves, cookers and similar non-electric domestic appliances

* Razor and razor blades

* Multi-functional printers, cartridges

* Office or desk equipment

* Doors, windows and frames of aluminium | READ MORE

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TN theatres shut for 2nd day over 30% entertainment tax even after GST

Speaking on the matter, actor Kamal Haasan said filmmaking has been made difficult deliberately

Movie theatre (Photo - PTI)

Theatres across Tamil Nadu will continue to remain shut on Tuesday for the second consecutive day protesting against the state government’s decision to levy 30 per cent entertainment tax over and above the 28 per cent Goods and Services Tax (GST).

The double taxation has left the Tamil filmdom in disarray, forcing the Tamil Nadu Film Chamber of Commerce to announce shutdown of theatres on Monday.

Actor Vishal Krishna, president of Tamil Nadu Film Producers Council, said the government has sought another day of extension to sort the matter.

“We met the relevant officials last evening (Monday). They have asked for another day to look into the issue. So the strike will continue on Tuesday. We hope we will arrive at a solution very soon,” Vishal told IANS.

Actor-filmmaker Kamal Haasan on Monday said “filmmaking in the state has been made difficult deliberately”.

Reacting on the state of taxation in the state, Haasan said in a statement, “There are further tortures and systemic corruption that the film industry has to endure under this regime.”

He pointed out apart from Tamil Nadu, other neighbouring southern states have desisted from levying additional tax on cinema over and above the GST.

“In Kerala, the film industry requested CM Pinarayi Vijayan and he, through his Finance Minister, quickly announced that Kerala will not be levying anymore taxes on the already beleaguered film business,” he said.

“Karnataka has gone even further to facilitate the wellbeing of the film industry. Telangana and Andhra are also doing their best for their film industries,” he added.

GST will change poor’s destiny, will eradicate corruption: Yogi Adityanath

While addressing a gathering in Varanasi, Adityanath said that the GST will eradicate corruption

Yogi Adityanath

Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said that the Goods and Services Tax (GST) will change the destiny of the poor people of the nation.

While addressing a gathering in Varanasi, Adityanath said that the tax reform will eradicate corruption.

“GST will change the destiny of the poor. Things will become cheaper. We’ll do away with corruption. Traders will get freedom from ‘Inspector Raj’,” said Adityanath.

The GST, rolled out on June 30 midnight, is said to bring the Indian economy under a single tax bracket.

Under the GST, six slabs of taxation have been proposed by the council, ranging from zero percent to 43 percent.

Initially, it was being said that essential commodity and luxury goods will be taxed separately.

 

 

Insulin, salt, set-top box: Full list of items that get cheaper under GST

GST rates for telecom services, marbles, granite, spectacles, among others, were retained

PTI6_11_2017_000062a

Today’s Paper :The Goods and Services Tax (GST) Council on Sunday reduced rates for 66 items just two weeks ahead of the new tax regime’s roll-out.

The Council also expanded the scope of the composition scheme for the benefit of small traders, manufacturers, and restaurateurs. The composition scheme is a presumptive taxation scheme allowing small traders, manufacturers, and restaurants to pay a one-five per cent GST rate on sales without tax credits. (Read the full notification here)

Among the 133 items whose rates were reviewed following industry representation, the GST rates for telecom services, marbles, granite, spectacles, among others, were retained.

Here is a list of all the items for which rates were slashed

1) Bones and horn cores, bone grist, bone meal, etc; hoof meal, horn meal, etc: Rate under GST revised to zero (nil-rated category) from five per cent.

2) Cashew nut: Rate under GST revised to five per cent from earlier rate of 12 per cent.

3) Cashew nut in shell: Rate under GST revised to five per cent (under reverse charge) from 12 per cent.

4) Raisin: Rate under GST revised to five per cent from 12 per cent.

5) Cereal grains hulled: Rate under GST revised to zero from five per cent.

6) Palmyra jaggery: Rate under GST revised to zero from 18 per cent.

7) Preparations of vegetables, fruits, nuts or other parts of plants, including pickle, murabba, chutney, jam, jelly: Rate under GST revised to 12 per cent for all products under the category from a previous mix of 12-18 per cent.

8) Ketchup & sauces (other than curry paste; mayonnaise and salad dressings; mixed condiments and mixed seasonings), mustard sauces: Rate under GST revised to 12 per cent from 18 per cent.

9) Curry paste; mayonnaise and salad dressings; mixed condiments and mixed seasonings: Rate under GST revised to 18 per cent from 28 per cent.

10) Bari made of pulses, including mungodi: Rate under GST revised to 12 per cent from 18 per cent.

11) Ice and snow: Rate under GST revised to five per cent from 12 per cent.

12) Salt (all types): Rate under GST revised to zero from five per cent.

13) Bio gas: Rate under GST revised to five per cent from 12 per cent.

14) Dicalcium phosphate (DCP) of animal feed grade (conforming to IS specification No 5470 : 2002):
Rate under GST revised to zero from 12 per cent.

15) Insulin: Rate under GST revised to five per cent from 12 per cent. | READMORE…