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.

    Goodreturns.in

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