Dairy products, medicines, liquor, cigarettes- What’s cheaper, what’s expensive, check full list here

On Wednesday, the GST Council approved historical changes in India’s indirect tax structure, adopting 5 percent and 18 percent tax structure and several -day use goods will become cheaper than 22 September. A wide basket, a wide basket, to shoes, textiles and even renewable energy from grocery and fertilizers goods and services It will be more affordable. The products, which were previously taxed at a rate of 12 percent and 28 percent, will now migrate to the other two plates to a large extent, which will make a wide variety of products cheaper.

Food and Daily Foundations

• Dairy Products: Ultra High Temperature (UHT) Milk is no longer tax -free (falling from 5 percent), condensed milk, butter, Ghee, panel and cheese in some cases, in some cases, it has been moved from 12 percent to 5 percent or to the Nile.
• Staple Foods: Malt, starch, pasta, corn flakes, biscuits and even chocolate and cocoa products will see that rates decreased from 12-18 percent to 5 percent.
• Dry fruit and hazelnut: almonds, peanuts, hazelnuts, cashew peanuts and previously taxed dates at 12 percent will now attract only 5 percent.
• Sugar and confectionery: Refined sugar, sugar syrups and confectionery products such as toffees and sugar have shifted to 5 percent sign.
• Other packaged foods: vegetable oils, animal oils, edible spreaders, sausages, meat preparations, fish products and malt essence -based packaged foods are transported to 5 percent.
• Namkeens, Bhujia, Mixture, Chabena and Ready to consumption form (except roasted grams) similar edible preparations are previously packaged and labeled from 18 percent to 5 percent.
• Water, including natural or artificial mineral waters and ventilated waters that do not contain additional sugar or other sweetener or not delicious to move from 18 percent to 5 percent.

Agriculture and fertilizers

• Fertilizers fell from 12/18 percent to 5 percent.
• Certain agricultural inputs, including seeds and crop foods, are rationalized from 12 percent to 5 percent.

Health care

• Life -saving drugs, health -related products and some medical devices have seen interruptions from 12/18 percent to 5 percent or zero.

Consumer goods

• Entry and mass use products, such as specific electrical devices, will increase from 28 percent to 18 percent.
• Shoes and textile GST’nin 12 percent to 5 percent and reduces costs for mass market products.

However, some goods and services remain under higher taxation.

• Pan fairy tale, gutkha, cigarette, chewing tobacco, membrane, tobacco produced and Bidi, existing high gst rates and compensation will continue under Cess.
• In addition, the valuation of these products will now be shifted to the retail price (RSP) instead of the transaction value and tighten the compliance.
• All goods (including ventilated waters) containing additional sugar or other sweetener or sweetened from 28 percent to 40 percent.
• For sin and luxury goods, a 40 percent new plate remains and enables items such as cigarettes, premium liquor and senior cars do not see tax reduction.
• Imported armored luxury sedans will be exempted in special cases such as those brought only by the secretariat of the President.

Read also: New GST Rates: Here are the list of exempt goods within the scope of GST