Ludhiana

POST-GST, KNOW WHAT WILL BE CHEAPER NOV 15 ONWARDS

The Hush Post: From Wednesday, some packaged products such as chocolates, shampoos, toothpastes, shaving creams, conditioners with the maximum retail price printed on them are going to be cheaper. This will happen due to a reduction in the goods and services tax.
Many companies manufacturing these products have asked traders to pass on the tax cuts to consumers immediately. They should not wait for the revised maximum retail price stickers.  The changes will have an effect on a number of products that have already arrived in the shops. Pasting stickers with revised prices can be done only after the government gives the go ahead. The maximum retail price of a product includes taxes and unless a company increases the base price or raises the margin for distributors and dealers, these products should be available at a lesser cost.
The GST Council has reduced the tax rate on about 200 products, of which 178 were moved to 18 per cent from the 28 per cent slab. The new rates are effective from Wednesday.

SLASH 28 TO 18 PER CENT ON THE FOLLOWING PRODUCTS:

  • Liquid soaps, Detergents, washing and cleaning preparations
  • Cosmetics and deodorants, including  shampoos, hair cream, hair dyes and similar other goods, etc
  • Wire, cables, insulated conductors, electrical insulators, electrical plugs, switches, sockets
  • Electrical boards, panels, consoles, cabinets etc for electric control or distribution
  • Furniture, bedding mattress
  • Trunk, suitcase, vanity cases, brief cases, and travelling bags
  • Sanitary ware and its parts
  • Articles of plastic, floor covering, baths, shower, sinks, washbasins, seats, sanitary ware of plastic
  • Slabs and goods of marbles and granite, ceramic tiles of all kinds
  • Wrist watches, clocks, watch movement, watch cases, straps, parts
  • Articles of apparel and clothing accessories of leather, guts, furskin, artificial fur and other articles such as saddlery and harness for any animal
  • Articles of cutlery, stoves, cookers and similar non electric domestic appliances
  • Razor and razor blades
  • Multi-functional printers, cartridges
  • Office or desk equipment
  • Door, windows and frames of aluminium.
  • Articles of plaster such as board, sheet, cement or concrete or stone and artificial stone, articles of asphalt or slate,
  • Articles of mica
  • Ceramic flooring blocks, pipes, conduit, pipe fitting
  • Wall paper and wall covering
  • Glass of all kinds and articles thereof such as mirror, safety glass, sheets, glassware
  • Electrical, electronic weighing machinery
  • Fire extinguishers and fire extinguishing charge
  • Fork lifts, lifting and handling equipment,
  • Cooling towers, pressure vessels, reactors
  • Crankshaft for sewing machine, tailor’s dummies, bearing housings, gears and gearing; ball or roller screws; gaskets
  • Electrical apparatus for radio and television broadcasting
  • Sound recording or reproducing apparatus
  • Signalling, safety or traffic control equipment for transports
  • Physical exercise equipment, festival and carnival equipment, swings, shooting galleries, roundabouts, gymnastic and athletic equipment
  • All musical instruments and their parts
  • Artificial flowers, foliage and artificial fruits
  • Explosive, anti-knocking preparation, fireworks
  • Cocoa butter, fat, oil powder,
  • Extract, essence ad concentrates of coffee, miscellaneous food preparations
  • Chocolates, Chewing gum / bubble gum
  • Malt extract and food preparations of flour, groats, meal, starch or malt extract
  • Waffles and wafers coated with chocolate or containing chocolate
  • Rubber tubes and miscellaneous articles of rubber
  • Goggles, binoculars, telescope,
  • Cinematographic cameras and projectors, image projector,
  • Microscope, specified laboratory equipment, specified scientific equipment such as for meteorology, hydrology, oceanography, geology
  • Solvent, thinners, hydraulic fluids, anti-freezing preparation

28 TO 12 PER CENT

  • Wet grinders consisting of stone as grinder

18 TO 12 PER CENT

  • Condensed milk
  • Refined sugar and sugar cubes
  • Pasta
  • Curry paste, mayonnaise and salad dressings, mixed condiments and mixed seasoning
  • Hand bags and shopping bags of jute and cotton
  • Parts of specified agricultural, horticultural, forestry, harvesting or threshing machinery
  • Specified parts of sewing machine
  • Spectacles frames
  • Furniture wholly made of bamboo or cane
  • Diabetic food
  • Medicinal grade oxygen
  • Printing ink

18 to 5 PER CENT

  • Puffed rice chikki, peanut chikki, sesame chikki, revdi, tilrevdi, khaza, kazuali, groundnut sweets gatta, kuliya
  • Flour of potatoes put up in unit container bearing a brand name
  • Chutney powder
  • Fly ash
  • Sulphur recovered in refining of crude
  • Fly ash aggregate with 90% or more fly ash content

12 PER CENT TO 5 PER CENT

  • Desiccated coconut
  • Narrow woven fabric including cotton newar [with no refund of unutilised input tax credit]
  • Idli, dosa batter
  • Finished leather, chamois and composition leather
  • Coir cordage and ropes, jute twine, coir products
  • Fishing net and fishing hooks
  • Worn clothing
  • Fly ash brick

5 PER CENT TO ZERO

  • Guar meal
  • Hop cone (other than grounded, powdered or in pellet form)
  • Certain dried vegetables such as sweet potatoes, maniac
  • Unworked coconut shell
  • Fish frozen or dried (not put up in unit container bearing a brand name)

Categories: Ludhiana