Brief About GST Rates Item Wise List
Dear Readers, a warm welcome again to my blog channel. I hope you all are fine and doing
well in your life. Today we are going to discuss GST Rates Item Wise List. So, let’s go guys….
The Indian GST assembly has
made the much-awaited declaration around tax rates on different groups of
products on 18th Jan, Delhi. When goods and services rates were
proclaimed in the market, a large wave of eagerness hit across the industry and
famous trade bodies. Everybody is gauging their position because of few changes
in tax. In this blog post, explore my entire analysis of goods and services
tax. Let’s explore what rate will be valid on some goods and services.
GST
is a multi-stage, destination-based, and comprehensive tax that will be charged
on every value addition. The GST assembly has approved goods and services tax
and divided into five tax portions such as 0%, 5%, 12%, 18%, and 28%. Want to
know what kinds of items involve in all these tax slabs? If yes, then scroll
down and read out the post ahead…..
Have
a look at GST Rates Item Wise List-
0%
tax- nothing will be accused on goods like
- Eggs, milk, buttermilk
- Curd
- Natural honey
- Fresh meat
- Salt
- Stamps
- Newspapers
- Handloom
- Flour, besan
- Sindoor, bindi
5%
tax and the items are
- Frozen vegetables
- Spices
- Stent
- Spices
- Pizza bread
- Cream
- Fish fillet
- Branded paneer
- Rusk
12%
tax slab
- Butter
- Cheese, ghee
- Animal fat
- Frozen meat items
- Umbrella
- Ayurvedic medicines
- Fruit juices
- Cellphones
18%
tax should be levied on
- Pasta, cornflakes
- Soups
- Envelops
- Steel items
- Camera
- Monitors
- Tampons
- Notebooks
- Jams, sauces
28%
tax
- Pan masala
- Ceramic Tiles
- ATM
- Vending machines
- Vacuum cleaner
- Motorcycles
- Hair clippers
- Dishwasher
- Paint
- Hair shampoo
These
are only few items listed. For complete GST
Rates Item Wise List, take help with internet and explore everything in
brief.
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