New GST Rates come into effect: Paneer, Curd Among Other Items To Get Costlier from Today
Guwahati: Customers will have to pay more money on household items, hotels, and bank services, among many other things, as the revised Good and Services Tax (GST) rates come into effect from July 18.
While conducting the 47th Council Meet the Union Finance Minister Nirmala Sitharaman said last month in Chandigarh that the GST rates will be hiked on several items.
Here’s a list of household items that will get dearer from July 18:
Curd, Lassi, Buttermilk (5 per cent GST)
Paneer (5 per cent GST)
Jaggery of all types including Cane Jaggery (gur), Palmyra Jaggery (5 per cent GST)
Khandsari Sugar (5 per cent GST)
Natural Honey (5 per cent GST)
Puffed rice (Muri), flattened or beaten rice, (Chira), parched rice (khoi), rice coated with sugar (Murki) (5 per cent GST)
Rice, Wheat, Rye, Barley, Oats (5 per cent GST)
Rice Flour (5 per cent GST)
Wheat & Meslin Flour (5 per cent GST)
Tender coconut water (12 per cent GST)
What else gets expensive?
From today, LED lamps, ink, knives, blades, pencil sharpener, blades, spoons, forks, ladles, skimmers, cake servers, printing, writing and drawing ink; fixture and their metal printed circuits board will attract 18 per cent GST.
Power-driven pumps, bicycle pumps, dairy machinery (18 per cent)
Machines used for cleaning, sorting, grading seeds, and grain pulses; machines used in milling/cereals industry; air-based atta chakki and wet grinder (18 per cent)
Cheques, lose or in book form by (18 per cent)
Solar water heater and system (12 per cent)
Leather (prepared, finished, chamois and composition) (12 per cent)
Printed maps and charts of all kinds by 12 (per cent)
GST on hotel accommodation priced up to Rs 1,000 per day (12 per cent)
Room rent, except ICU, more than Rs 5,000 per day patient charged by a hospital taxed 5 per cent to the extent of charge of the room without ITC
Works contract for roads, bridges, railways, metro, effluent treatment plant, crematorium and others (18 per cent)
GST for work contract for historical monuments, canals, dams, pipelines, plants for water supply, educational institutions, hospitals etc. supplied to central, state governments and local authorities and sub-contractor thereof (18 per cent)
Works contract supplied to central and state governments, union territories & local authorities for earthwork and sub-contracts thereof (12 per cent)
Rate on cut and polished diamonds raised to 1.5 per cent from 0.25 per cent.
Some items that will become cheaper:
Ostomy appliances and transport of goods and passengers by ropeways to attract 5 per cent, down from 12 per cent
Renting trucks, goods carriage where the cost of fuel is included will now attract a lower 12 per cent rate as against 18 per cent
GST exemption on the transport of passengers by air to and from northeastern states and Bagdogra will be restricted to economy class only.
EVs, whether or not fitted with a battery pack, would be eligible for the concessional GST rate of 5 per cent.