GST revised prices: Look at what got costlier and cheaper

National

Today marks the implementation of the Goods and Services Tax rate recommendations announced at the 47th GST Council meeting in June.

Pulses that have already been packaged and labelled as well as grains like rice, wheat, and flour (atta) that have been branded and put in a unit container will now be subject to GST at a rate of 5%. When pre-packaged and clearly labelled, other commodities including curd, lassi, and puffed rice would also be subject to GST at the rate of 5%.

The list of items can had a price hike are as follows:

1. GST on paper knives, spoons, forks, ladles, skimmers, cake-servers increased from 12 per cent to 18 per cent.

2. GST on power driven pumps such as centrifugal pumps, deep tube-well turbine pumps, submersible pumps, bicycle pumps increased from 12 per cent to 18 per cent.

3. 5 per cent GST increased on pre-packaged and labelled pulses, and cereals like rice, wheat, and flour (atta) when branded and packed in a unit container.

4. 5 per cent GST increased curd, lassi, and puffed rice when pre-packaged and labelled.

5. LED Lamps, lights and fixture, their metal printed circuits board will also witness a GST increase from 12 per cent to 18 per cent.

6. GST on solar water heater and system has been increased from 5 per cent to 12 per cent.

7. GST on cut and polished diamonds will be increased from 0.25 per cent to 1.5 per cent.

8. GST on e-waste will be increased from 5 per cent to 18 per cent.

9. GST on petroleum/coal bed methane will be increased from 5 per cent to 12 per cent.

10. Hotel accommodation priced upto Rs. 1000 per day shall be taxed at 12 per cent.

11. Hospital room rent (excluding ICU) exceeding Rs 5000 per day per patient charged shall be taxed to the extent of amount charged for the room at 5 per cent without ITC.

Things that got cheaper:

1. Tax on the transport of goods and passengers by ropeways reduced from 18 per cent to 5 per cent.

2. Renting of truck or goods carriage where the cost of fuel is included will be cheaper as the tax is reduced from 18 per cent to 12 per cent.

3. GST on ostomy appliances reduced from 12 per cent to 5 per cent.

4. GST on several orthopedic appliances reduced from 12 per cent to 5 per cent.