GST What Become Cheaper

GST: What Become Cheaper ?

In terms of goods, where an exemption/ lower rate is prescribed for essential goods, GST is expected to marginally better the house economics as a whole. Further, under the GST regime, depending on the current supply chain arrangement and state of operation following may become cheaper:

  • Two-wheelers
  • Entry-level sedan (except small cars)
  • SUVs and luxury or premium cars

No

Things- services OLD Rate NEW Rate

1

Fruit Juice

12

12

2

Oil

5-6

05

3

Sugar

05

05

4

Luxury Hotels

28-30

28

5

Life guard medicines

5-8

05

6

Kerosene

17

05

7

Asphalt

27.5

18

8

Coal

12

05

9

Ligature

18.5

18

10

Copper wire, Road, wire

18.5

18

11

Copper bolts, Screw

18.5

18

12

Nickel’s tar, Road, Wire

18.5

18

13

Nickel’s screw, bolts, Nut

18.5

18

14

Aluminum Road, Wire

18.5

18

15

Lead and Creation

18.5

15

16

Zinc’s Things

18.5

18

17

Tin Bar, road

18.5

18

18

cement

30

28

19

Brick

06

05

20

Sports equipment

18.5

12

21

cycle

18.5

12

22

Glass lenses

18.5

12

23

Ice-cream

26

18

24

Instant Food Mix

26

18

25

Soap

26

18

26

Hair oil

26

18

27

Tooth powder

26

12

28

Candle

26

12

29

namkeen, Bhujia

26

12

30

Helmet

18.5

12

31

Tractor

18.5

12

32

LED Bulb

15

12

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