What Became Costlier After GST Roll-Out
Posted on: 2017-08-04 00:38:37
You know that GST Council has finalized 4 categories of tax rate under GST regime i.e. 5 percent, 12 percent, 18 percent and 28 percent. Apart from this tax rate for Gold, Silver, Precious Stone and Processed Diamond is 3 percent and uncut rough Diamond would be taxed on 0.25 percent. GST Council has already rolled out different tax slab rate for 1211 items / things relating to consuming products and services. There are also certain items that have been completely tax exempted from GST regime; it is a boon for common man to run their livelihood easily. Huge products and services are came under 12% - 18% tax rate and out of that luxury and sin goods are comes under 28% tax rate. Yes, it will create a positive growth and development of a nation like India.
But we are talking about the things or goods that were less taxed earlier as compared to today’s tax rate under GST for the same items / products. So which products and services are became costly after GST rollout?
Let’s have a look on certain products and services that have increased their tax rate. Below is a comprehensive list of goods and services which would be costlier after GST implementation.
|
SL. No. |
Items-Things |
Old Tax Rate (%) |
GST Rate (%) |
|
1 |
Agarbatti |
0 |
5 |
|
2 |
Branded Paneer |
0 |
5 |
|
3 |
Branded Cereals |
0 |
5 |
|
4 |
Nuclear Fuel |
0 |
5 |
|
5 |
Heavy Water and Other Nuclear Fuels |
0 |
5 |
|
6 |
Compressed Air |
0 |
5 |
|
7 |
Solar Water Heater |
0 |
5 |
|
8 |
Renewable Energy Devices |
0 |
5 |
|
9 |
Butter, Ghee, Cheese |
6 |
12 |
|
10 |
Dry Fruits |
6 |
12 |
|
11 |
Jam, Jellies |
12 |
12 |
|
12 |
Frozen Meat |
6 |
12 |
|
13 |
Steam |
0 |
12 |
|
14 |
Children’s Drawing Books |
0 |
12 |
|
15 |
Fly Ash Bricks |
6 |
12 |
|
16 |
Preserve Vegetables |
0 |
18 |
|
17 |
Cell phones |
6 |
18 |
|
18 |
Telecom |
15 |
18 |
|
19 |
Coca Butter, Oils Chocolates |
26 |
28 |
|
20 |
Instant, Aroma Coffee |
26 |
28 |
|
21 |
Coffee Concentrates, Custard Powder |
26 |
28 |
|
22 |
Protein Concentrates, Sugar Syrups |
26 |
28 |
|
23 |
Razors |
26 |
28 |
|
24 |
Dental Floss |
26 |
28 |
|
25 |
Toothpaste |
26 |
28 |
|
26 |
Deodorants |
26 |
28 |
|
27 |
Aftershave |
26 |
28 |
|
28 |
Shaving Cream |
26 |
28 |
|
29 |
Leather Bags |
6 |
28 |
|
30 |
Yachts |
18.5 |
28 |
|
31 |
Air Conditioners |
26 |
28 |
|
32 |
Refrigerators |
26 |
28 |
|
33 |
Storage Water Heaters |
26 |
28 |
|
34 |
Dish Washing Machines |
26 |
28 |
|
35 |
Photo Copier, FAX Machines |
26 |
28 |
|
36 |
Wrist Watches |
26 |
28 |
|
37 |
Furniture |
26 |
28 |
|
38 |
Video Game Consoles |
26 |
28 |
|
39 |
Exercise Equipment |
26 |
28 |
|
40 |
Manicure, Pedicure Sets |
26 |
28 |
|
41 |
Perfumes |
26 |
28 |
|
42 |
Beauty or Makeup Preparations |
26 |
28 |
|
43 |
Skincare Items Including Sunscreen |
26 |
28 |
|
44 |
Shampoos, Hair Cream, Hair Dyes |
26 |
28 |
|
45 |
Wigs, False Beards, Eyelashes |
26 |
28 |
|
46 |
Stoves (Except Kerosene, LPG) |
18.5 |
28 |
|
47 |
Electrical Hot Plates |
18.5 |
28 |
|
48 |
Wall Paper |
18.5 |
28 |
|
49 |
Paints and Varnishes |
26 |
28 |
|
50 |
Putty, Wall Fillings |
26 |
28 |
|
51 |
Plaster |
26 |
28 |
|
52 |
Ceramic Tiles |
26 |
28 |
|
53 |
Tempered Glass |
26 |
28 |
|
54 |
Rubber Tyres |
18.5 |
28 |
|
55 |
Plastics Products |
18.5 |
28 |
|
56 |
Calcerous Stone |
18.5 |
28 |
|
57 |
Artists’ Students’ or Signboard Colours |
18.5 |
28 |
|
58 |
Pianos |
26 |
28 |
|
59 |
Revolvers |
26 |
28 |
|
60 |
Artificial Flowers |
26 |
28 |
|
61 |
Five Star Restaurants |
18 |
28 |
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