GST rate cut: List of items that will get cheaper as new GST rates come into effect

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GST Rate cut
GST Rate cut

New Delhi : During its 28th meeting on Saturday, the GST Council decided to cut rates on a number of goods including daily use appliances such as washing machines, vacuum cleaners, small TV sets and refrigerators.

In a big relief to women, the GST on sanitary pads has also been decreased from 12 per cent to nil. Further, footwear having a retail sale price between Rs 500 - Rs 1000 will now be taxed at a rate of 5 per cent while those exceeding the Rs 1000 mark will continue to attract 18 per cent GST.

The new GST rates will come into effect from Friday, said Piyush Goyal. Here is a list of items that will get cheaper once the new rates are applied.

1. Reduced from 28 per cent to 18 per cent

Washing machines

Vacuum cleaners

Domestic electrical appliances such as food grinders and mixers & food or vegetable juice extractor, shaver, hair clippers etc

Televisions up to the size of 68 cm

Refrigerators, freezers and other refrigerating or freezing equipment including water coolers, milk coolers, refrigerating equipment for leather industry, ice cream freezer etc.

Storage water heaters and immersion heaters, hair dryers, hand dryers, electric smoothing irons etc

Lithium-ion batteries

Paints and varnishes (including enamels and lacquers)

Glaziers’ putty, grafting putty, resin cements

Special purpose motor vehicles. For instance, crane lorries, fire fighting vehicle, concrete mixer lorries, spraying lorries

Works trucks (self-propelled, not fitted with lifting or handling equipment) of the type used in factories, warehouses, dock areas or airports for short transport of goods.

Trailers and semi-trailers

Miscellaneous articles such as scent sprays and similar toilet sprays, powder-puffs and pads for the application of cosmetics or toilet preparations

2.From 28 per cent 12 per cent

Fuel Cell Vehicle(compensation cess will also be exempted)

3. From 18/12/5 per cent to zero

Sanitary Napkins

Stone/Marble/Wood Deities

Rakhi (other than that of precious or semi-precious material)

Coir pith compost

Sal Leaves, siali leaves and their products and Sabai Rope

PhoolBhari Jhadoo (Raw material for Jhadoo)

Khali dona

Circulation and commemorative coins, sold by Security Printing and Minting Corporation of India Ltd (SPMCIL) to Ministry of Finance.

4. From 12 per cent to 5 per cent

Chenille fabrics and other fabrics under heading 5801

Handloom dari

Phosphoric acid (fertilizer grade only)

Knitted cap/topi having retail sale value not exceeding Rs 1000

5. From 18 per cent to 12 per cent

Bamboo flooring

Brass Kerosene Pressure Stove

Hand Operated Rubber Roller

Zip and Slide Fasteners

6. From 18 per cent to 5 per cent

Ethanol for sale to oil marketing companies for blending with fuel

Solid biofuel pellets