As we know, GST (Goods and service tax) is all set to be rolled out from 1 july 2017 and tax rates of goods will change which are already have been decided. The tax rate under GST will be divided in four segment i.e. 5 percent, 12 percent, 18 percent and 28 percent. Daily uses items like sugar, tea and hair oil prices have come down and consumer goods like toothbrush, butter, agarbatti and many other item’s prices have been increased. Here in this blog we listed some of item category wise which are become cheaper and costlier after GST.
Consumer Goods
Name |
GST Rate (%) |
Existing Rate (%) |
Increase/Decrease (%) |
Aluminium foil |
28 |
18.5 |
9.5 |
Preserved vegetables |
18 |
0 |
18 |
Butter,ghee,cheese |
12 |
6 |
6 |
Agarbatti |
12 |
0 |
12 |
Dry fruits |
12 |
6 |
6 |
Branded cereals |
5 |
0 |
5 |
Frozen meat |
12 |
6 |
6 |
Branded paneer |
5 |
0 |
5 |
James,jellies |
18 |
12 |
6 |
Cocoa,butter,chocolates |
28 |
26 |
2 |
Cofee concentrates,custard powder |
28 |
26 |
2 |
Toothpaste |
28 |
26 |
2 |
After shave |
28 |
26 |
2 |
Cereals |
0 |
0 |
0 |
Puffed rice,papad,bread |
Exempt |
0 |
0 |
Salt |
Exempt |
0 |
0 |
Soyabean,groundnut,sunflower seeds |
5 |
6 |
-1 |
Cofee/tea |
5 |
6 |
-1 |
Bakery mixes,pizza bread |
5 |
12 |
-7 |
Milk Beverages |
12 |
26 |
-14 |
Shaving cream |
28 |
26 |
2 |
Lifestyle
Name |
GST Rate (%) |
Existing Rate (%) |
Increase/Decrease (%) |
Leather Bags |
28 |
6 |
22 |
Cell phones |
18 |
6 |
12 |
Yachts |
28 |
18.5 |
9.5 |
Air conditioners |
28 |
26 |
2 |
Dish washing machines |
28 |
26 |
2 |
Refrigerators |
28 |
26 |
2 |
Storage water heaters |
28 |
26 |
2 |
Furniture |
28 |
26 |
2 |
Wristwatches |
28 |
26 |
2 |
Printer,photocopier,fax machine |
28 |
26 |
2 |
Sport goods |
12 |
18.5 |
-5.5 |
Bicycles |
12 |
18.5 |
-5.5 |
Proteins & fitness supplements |
18 |
26 |
-8 |
Steel utensils |
5 |
18.5 |
-13.5 |
Cosmetic items
Name |
GST Rate (%) |
Existing Rate (%) |
Increase/Decrease (%) |
Manicure,pedicure sets |
28 |
26 |
2 |
Perfumes |
28 |
26 |
2 |
Beauty or makeup items |
28 |
26 |
2 |
Skincare items including sunscreen |
28 |
26 |
2 |
Shampoo,hair cream,hair dyes |
28 |
26 |
2 |
Wigs,false beards, eyelashes |
28 |
26 |
2 |
Construction
Name |
GST Rate (%) |
Existing Rate (%) |
Increase/Decrease (%) |
Cement |
28 |
30 |
-2 |
Wall paper |
28 |
18.5 |
11.5 |
Paints and varnishes |
28 |
26 |
2 |
Putty, wall fillings |
28 |
26 |
2 |
Plaster |
28 |
26 |
2 |
Ceramic tiles |
28 |
26 |
2 |
Tempered glass |
28 |
26 |
2 |
Sand lime bricks, fly ash bricks |
5 |
6 |
-1 |
Dairy and Farm Products
Name |
GST Rate (%) |
Existing Rate (%) |
Increase/Decrease (%) |
Fresh milk |
0 |
0 |
0 |
Fresh vegetables,roots & tubers |
0 |
0 |
0 |
Fresh fruits |
0 |
0 |
0 |
Fruits & vegetable juices |
12 |
12 |
0 |
Medical Supplies
Name |
GST Rate (%) |
Existing Rate (%) |
Increase/Decrease (%) |
Human blood |
0 |
0 |
0 |
Condoms/Contraceptives |
0 |
0 |
0 |
Glands and other organs |
12 |
12 |
0 |
Ayurvaedic, unani medicaments |
12 |
12 |
0 |
Homoeopathic, siddha medicaments |
12 |
12 |
0 |
Any more details and queies on GST India, Please Download GST App from play store on your smartphone which is available on both platforms android and iOS. The application comes with many features related to taxation and gives answers to each and every query related to GST.
Application comes with latest version 1.3.9 and amazing features.
what are the existing taxes on air conditioner before GST.
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