GST rates cut: Washing machines to sanitary napkins, what gets cheaper
The Goods and Services Tax (GST) Council on Saturday cut tax rates on a long list of items ranging from air conditioners and refrigerators to batteries used in mobile phones, delivering a big boost to the consumer economy.
The GST Council on Saturday cut tax rates on 88 items, including footwear, refrigerator, washing machine and small screen TV, while the widely demanded sanitary napkins have been exempted from the levy.
The highest tax bracket of 28 per cent has been rationalised further with rates on daily-use items like perfumes, cosmetics, toiletries, hair dryers, shavers, mixer grinder, vacuum cleaners, lithium ion batteries, being lowered to 18 per cent. The revised tax rates will come into effect from July 27.
A look at the items that got cheaper.
GST on commodities slashed to 0%:
Sanitary Napkins
Supply of services by old-age homes
GST on commodities slashed from 28% to 18%:
Refrigerators
Water Heaters
Washing Machines
Televisions (up to 68 cm)
Vacuum Cleaners
Paints
Hair Shavers
Hair Curlers
Hair Dryers
Scent Sprays
Lithium-ion batteries used in mobile phones and electric vehicles
GST on commodities slashed from 18% to 12%:
Handbags including pouches and purses; jewellery box
Wooden frames for painting, photographs, mirrors etc
Ornamental framed mirrors
Brass Kerosene Pressure Stove
Art ware of iron
GST on commodities at 5%:
Ethanol
Solid biofuel pellets
Handmade carpets and other handmade textile floor coverings (including namda/gabba)
Hand-made braids and ornamental trimming in the piece
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