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There is a complete reduction on common man and middle-class items in the #NextGenGST. Rates have come down from 18 or 12 percent to 5 percent. Common man items such as hair oil, toilet soap, bars, shampoos, tableware, toothbrushes, and other household items are included in these rate cuts....

38,880 просмотров • 10 месяцев назад •via X (Twitter)

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In quite a few cases, a more-than-expected price reduction due to GST reforms has been passed on to end consumers. For Shampoo, GST rates have been reduced from 18% to 5%. The intended benefit was 18 to 5% which means around 11.02%. Actual Decrease in price based on average price reported by various CGST Zones is 12.36%. For Talcum powder, GST rates have been reduced from 18% to 5%. The intended benefit was 11.02% but the actual decrease in price is 11.77%. For Face powder, GST rates have been reduced from 18% to 5%. The intended benefit was 11.02% but the actual decrease in price is 12.22%. For Clinical diapers, GST rates have been reduced from 12% to 5%. The intended benefit was 6.25% but the actual decrease in price is 10.38%. For table, kitchen or other household articles of iron, steel and copper; utensils, GST rates have been reduced from 12% to 5%. The intended benefit was 6.25% but the actual decrease in price is 10.24%. For toys like tricycles, scooters, pedal cars etc., including parts and accessories thereof, GST rates have been reduced from 12% to 5%. The intended benefit was 6.25% but the actual decrease in price is 8.93%. For umbrellas and sun umbrellas, including walking-stick umbrellas, garden umbrellas and similar umbrellas, GST rates have been reduced from 12% to 5%. The intended benefit was 6.25% but the actual decrease in price is 9.19%. - Smt. Nirmala Sitharaman in New Delhi. #NextGenGST #GSTBachatUtsav

Nirmala Sitharaman Office

24,832 просмотров • 9 месяцев назад