Prices of over 375 items to get slashed, check full list here of goods and services getting cheaper

The GST rate will become cheaper tomorrow, ie September 22 and more than 375. Here are the price cuts on these goods and services.

The GST rate will become cheaper tomorrow, ie September 22 and more than 375. The main ratio rationalization approved by the GST Council earlier this year reduces the tax structure to only two, 5 percent and 18 percent out of four plates. A special rate of 40 percent will be applied in the list of luxury and sin goods.

Finance Minister Nirmala Sithaman described the reform as a “Diwali gift for consumers, and said that the movement would not only reduce costs for the middle class, and that it would make business operations smoother within the scope of GST. FM This reform is not only related to rationalization rates. It is also related to ease of life and structural reforms.

Price deductions in these goods and services

Daily foods such as milk -based beverages, biscuits, butter, cereals, dried fruits, fruit juices, Ghee, ice cream, jam, ketchup, namkeen, panel, pastry and tender will now attract lower gst.

Daily -use products such as shampoos, soaps, hair oil, shaving cream, talc powder and facial creams will also see price discounts.

Electronics such as ACs, washing machines, TVs and dishwashers became cheaper, while various drugs and medical devices were cut up to 5 percent.

The government has directed pharmaceutical companies to revise their MRPs and to convey benefits to consumers.

In the service sector, GST, halls, barbers, gyms, fitness centers and yoga services have been reduced.

For Homebuyers, the cement tax fell from 28 percent to 18 percent, which is expected to make the residence more appropriate.

Big brands have already begun to convey the benefits. Hindustan Unilever, Dove Shampoo, Lifebuoy soaps, Horlicks and Kissan Jam announced interruptions.

Milk giant pussy, butter, Ghee, panel, cheese, ice cream and oven products, such as more than 700 products reduced prices.

Indian railways also reduced the prices of railway Neer bottled water, now a 1 -liter bottle was priced as 14 RS instead of 15 RS.

The automobile industry will be one of the biggest beneficiaries, and small hatchbacks will now be taxed at 18 percent instead of 28 percent and will be taxed without any compensation team.

Companies such as Maruti Suzuki India, Tata Motors and Hyundai India announced great price cuts in popular hatchbacks from 70,000 RS to 1.3 Lakh, which came into force from 22 September.