GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods

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..... GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods - Goods and Services Tax - GST Dated:- 16-11-2017 - News - In the 23rd meeting held on the 10th November, 2017, the GST Council had recommended major relief in GST rates on certain goods. These rate changes have been brought into effe .....

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..... ct from the 15th November, 2017. On 178 items the GST rate has been brought down from 28% to 18%. With reduction of rate coming into effect, a consumer shall be charged the revised reduced rates of 18% on these items with effect from the 15th November, 2017. Accordingly, there would be a corresponding reduction in price/MRP on these goods. Consumers may take note of these reduction while making pu .....

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..... rchases. Broadly these items are grouped as follows: Wires, cables, insulated conductors, electrical insulators, electrical plugs, switches, sockets, fuses, relays, electrical connectors Electrical boards, panels, consoles, cabinets etc for electric control or distribution Particle/fibre boards and ply wood; articles of wood, wooden frame, paving block Furniture, mattress, beddin .....

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..... g and similar furnishing Trunk, suitcase, vanity cases, brief cases, travelling bags and other hand bags, cases Detergents, washing and cleaning preparations Liquid or cream for washing the skin Shampoos; Hair cream, Hair dyes (natural, herbal or synthetic) and similar other goods; henna powder or paste, not mixed with any other ingredient; Pre-shave, shaving or after-shave preparat .....

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..... ions, personal deodorants, bath preparations, perfumery, cosmetic or toilet preparations, room deodorisers Perfumes and toilet waters Beauty or make-up preparations Fans, pumps, compressors Lamp and light fitting Primary cell and primary batteries Sanitary ware and parts thereof, of all kinds Articles of plastic, floor covering, baths, shower, sinks, washbasins, seats, sanitar .....

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..... y ware of plastic Slabs of marbles and granite Goods of marble and granite such as tiles Ceramic tiles of all kinds Miscellaneous articles such as vacuum flasks, lighters Wrist watches, clocks, watch movements, watch cases, straps, parts Articles of apparel clothing, accessories of leather, guts, furskin, artificial fur and other articles such as saddlery and harness for any an .....

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..... imal Articles of cutlery, stoves, cookers and similar non electric domestic appliances Razor and razor blades Multi-functional printers, cartridges Office or desk equipment Doors, windows and frames of aluminium Articles of plaster such as board, sheet Articles of cement or concrete or stone and artificial stone Articles of asphalt or slate Articles of mica Ceramic fl .....

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..... ooring blocks, pipes, conduit, pipe fittings Wall paper and wall covering Glass of all kinds and articles thereof such as mirror, safety glass, sheets, glassware Electrical, electronic weighing machinery Fire extinguishers and charges for fire extinguishers Fork lifts, lifting and handling equipment Bull dozers, excavators, loaders, road rollers Earth moving and levelling mach .....

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..... inery Escalators Cooling towers, pressure vessels, reactors Crankshaft for sewing machine, tailor s dummies, bearing housings, gears and gearing; ball or roller screws; gaskets Electrical apparatus for radio and television broadcasting Sound recording or reproducing apparatus Signalling, safety or traffic control equipment for transports Physical exercise equipment, festival a .....

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..... nd carnival equipment, swings, shooting galleries, roundabouts, gymnastic and athletic equipment All musical instruments and their parts Artificial flowers, foliage and artificial fruits Explosive, anti-knocking preparation, fireworks Cocoa butter, fat, oil powder Extract, essence and concentrates of coffee, miscellaneous food preparations Chocolates, chewing gum / bubble gum .....

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..... Malt extract and food preparations of flour, groats, meal, starch or malt extract Waffles and wafers coated with chocolate or containing chocolate Rubber tubes and miscellaneous articles of rubber Goggles, binoculars, telescope Cinematographic cameras and projectors, image projector Microscope, specified laboratory equipment, specified scientific equipment such as for meteorology, h .....

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..... ydrology, oceanography, geology Solvent, thinners, hydraulic fluids, anti-freezing preparation - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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