Some 40 Common Usage Items To Cost Less Now As Council Revises Rates

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The GST Council meet on Saturday at Hyderabad has decided to roll back GST on some goods while lowering down tax rate on some 40 common usage items. At the same time, differential cess has been levied on different car types. Thus the body has reworked the proposed tax anamolies in the system.

List of Items and applicable tax

Item

Earlier rate

New GST Rate

Plastic raincoat

28%

18%

Rubber bands

28%

12%

Saree fall, dhoop batti, corduroy fabric, walnut, dried tamarind and roasted gram

12%

5%

Idli and dosa batter

18%

12%

Brooms and brushes

exempt

Khadi sold through KVIC outlets

Exempt

Kitchen gas lighters

28%

18%

Prayer beads

18%

5%

Monitor with screen size of 20 inches

18%

Cotton quilts upto Rs. 1000

Above Rs. 1000

18%

5%

12%

Bells, gongs and similar items, non-electric of base metal, base metal ornaments

18%

12%

Tableware, kitchenware and toiletry of porcelain or china

18%

12%

Tableware, kitchenware and toiletry of material other than china clay or porcelain

28%

12%

Also, cess on luxury cars which was long being under the talk as automobile maker had been continuing to propose its deferment has also been worked upon at the meet. The Council has imposed a differential cess on luxury cars, SUVs and Sedans.

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Read more about: gst, gst council, cess, gst return
Story first published: Monday, September 11, 2017, 7:02 [IST]
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