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
4. Masala powder
5. Curd
6. Ghee
7. Biscuits
8. Chewing gum
9. Ice-cream
10. Tea
11. Chocolates
12. Spices
13. Ayurvedic and other alternative medicines
14. Gold
15. Hotels with room tariffs above Rs 7,500
16. Fine-dining restaurants
17. Restaurants inside five-star hotels
18. Movie tickets above Rs 100
19. Concerts
20. IPL matches
21. Clothes above Rs 1,000
22. Shampoos
23. Perfumes
24. AC and first-class rail tickets
25. Business-class air tickets
26. Air-conditioner
27. Fridge
28. Washing machine
29. Television
30. Courier services
31. Mobile phone charges
32. Insurance premiums
33. Banking charges
34. Broadband services
35. Credit card bill
36. Two-wheelers with engine capacity of more than 350 cc
37. Small and mid-size cars
38. SUVs
39. Fishing nets
40. Smartphones
41. Laptops
42. Desktops
43. Yoga mats
44. Fitness equipment
45. Aerated drinks
46. Cigarettes
47. Tobacco
48. Alcoholic drinks
49. Luxury goods
Services including Banking, Insurance, Travel Tickets and almost all servicecs will become costlier to the end consumer as current Service Tax Rate of 15% has been replaced with 18%.
Also Read: Things Getting Cheaper after GST comes into force
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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
4. Masala powder
5. Curd
6. Ghee
7. Biscuits
8. Chewing gum
9. Ice-cream
10. Tea
11. Chocolates
12. Spices
13. Ayurvedic and other alternative medicines
14. Gold
15. Hotels with room tariffs above Rs 7,500
16. Fine-dining restaurants
17. Restaurants inside five-star hotels
18. Movie tickets above Rs 100
19. Concerts
20. IPL matches
21. Clothes above Rs 1,000
22. Shampoos
23. Perfumes
24. AC and first-class rail tickets
25. Business-class air tickets
26. Air-conditioner
27. Fridge
28. Washing machine
29. Television
30. Courier services
31. Mobile phone charges
32. Insurance premiums
33. Banking charges
34. Broadband services
35. Credit card bill
36. Two-wheelers with engine capacity of more than 350 cc
37. Small and mid-size cars
38. SUVs
39. Fishing nets
40. Smartphones
41. Laptops
42. Desktops
43. Yoga mats
44. Fitness equipment
45. Aerated drinks
46. Cigarettes
47. Tobacco
48. Alcoholic drinks
49. Luxury goods
Services including Banking, Insurance, Travel Tickets and almost all servicecs will become costlier to the end consumer as current Service Tax Rate of 15% has been replaced with 18%.
Also Read: Things Getting Cheaper after GST comes into force
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