Monday, July 18, 2022

5% #GST Pre-packaged rice, flour to get dearer as revised #GST kicks in from today

5% #GST  Pre-packaged rice, flour to get dearer as revised #GST kicks in from today
#pulses, cereals like #rice, #wheat, #flour, and other such items, weighing below 25 kg or 25 liters, will attract #GST at the rate of #5% percent from today. #Fooditems, hospital rooms, hotels: List of items that will get costlier from today after #GSThike 
#Opposition leaders have raised concerns about the higher #tax rates announced by the #GSTCouncil, saying it will put an additional burden on households.
This is the committee that recommended the imposition of 5% #GST in which the #FinanceMinisters of #Bengal, #Kerala & #Rajasthan are there. None of the 3 members of the opposition opposed it. By the way- All are equal in GST Council which decides
From Today;
#GST on #Diamonds: 1.5%
#GST on #HospitalRooms: 5%
#GST on #Rice and #curd: 5%
#GST on #Cheques: 18%
Spare the rich, and #tax the working class.
Is the opposition really serious about people's issues or they are just doing eyewash?

New GST rates: What would get more expensive
5 per cent GST on pre-packed, labelled food items like atta, paneer and curd.
5 per cent GST on hospital rooms with rent above ₹5,000
Maps and charts, including atlases, will attract a 12 per cent Goods and Services Tax (GST).
18 per cent GST will be levied on tetra packs.
18 per cent GST on fees charged by banks for the issue of cheques (loose or in book form).
Tax rates on products such as printing, writing or drawing ink; knives with cutting blades, paper knives and pencil sharpeners; LED lamps; drawing and marking out instruments will be hiked to 18 per cent from 12 per cent currently.
Solar water heater will now attract 12 per cent GST as compared to 5 per cent earlier.
Services such as work contracts for roads, bridges, railways, metro, effluent treatment plants and crematoriums too will see tax going up to 18 per cent from the current 12 per cent.

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