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Saturday 1 July 2017

Things that will get costlier after GST coming into force

Goods and Services Tax (GST) has been rolled out last midnight. It is going to impact every Indian as prices of a large number of goods and services are going to change. The GST Council has fixed the GST rates for 1,211 items, keeping a majority of these in the 18% slab.

Below is a comprehensive list of the goods and services which will become costlier from July 1 after GST coming into force:

1. Paneer
2. Cornflakes
3. Coffee

Things that will get cheaper after implementation of GST

Goods and Services Tax (GST) has been rolled out last mid-night in a historical move. It is going to impact every Indian as prices of a large number of goods and services are going to change. The GST Council has fixed the tax rates for 1,211 items, keeping a majority of these in the 18% slab.
Below is a comprehensive list of the goods and services which will become cheaper from July 1 after GST coming into force:

Eatables
1. Milk powder
2. Curd
3. Butter milk
4. Unbranded natural honey