GST :to benefit common man

Srinagar, MAY 19: A good news for consumers.
The GST council has decided to bring down the taxes on the majority of goods and services used by common man.

Speaking at media conference Arun Jaitley said that we have decided the rates of 1211 goods and some are pending and will be decided today.

He has commended the role of the tax department officials of both center and state for having done the preparatory work.
The list of different goods are as follows

0% or exempt from GST
* Fresh milk, Fresh fruits, Cereals, Puffed rice, papad, bread Aquatic/poultry/cattle feed, Salt.

* Human blood, Bangles (non-precious metals), Agricultural implements.

5 % GST these include most of the items used by common man

* Branded paneer, Frozen vegetable, Soybeans, Coffee, tea,
Soybean, groundnut, sunflower seeds.
*Vegetable fats & oils, Beet sugar, cane sugar, Cocoa beans,
Bakery mixes, doughs, pizza bread, vermicelli, rusks
*Sweetmeats, All ores, and concentrates, Coal
* Kerosene, LPG gas.
* Nuclear fuel
* vaccines: 5%
*Construction materials: Steel, Bricks, Newsprint.
*Household articles
*Renewable energy devices,
*Emergency medical Equipment



12 % GST
*Frozen meat, Butter, nankeen, ghee, cheese, Dry fruits, Fruits and vegetable juices, Ready nankeen.
*Bio-gas
*Ayurvedic, Unani, Homoeopathic or Biochemic systems medicaments.
*items used by dental doctors.
*Fertilisers.
*All stationary items.
*Aluminium utensils, Tractors.
*Electric vehicles, Bicycles, Sports goods.

18 % GST
*Condensed milk, Refined sugar, pasta, cornflakes, waffles, pastries and cakes, Tea concentrates, sauces, soups, ice cream.
*Instant food mixes, sherbet, Mineral/aerated water (without sugar)
*Essential oils, Hair oil, toothpaste, Soap.
*Insecticides, fungicides, disinfectants, Plastic products, Cellphones.

28 % GST
*Cocoa butterfats, oils, powder, chocolates, Instant, aroma coffee, Coffee concentrates, custard powder.
*Protein concentrates, sugar syrups, Aerated water (with sugar).
*Paints and varnishes.
*All makeup Items, Shampoos, hair cream, hair dyes, Deodorants.
*Marble, Granite, Plaster, Ceramic tiles.
*Airconditioners, Refrigerators.
*Motorcars, Motorcycles.
*Furniture

GST Compensation Cess
Pan masala: 60 percent, Aerated waters: 12 percent.
*Cigarettes: 5 percent + Rs 1,591 – 4,970/1,000 sticks.
*Small cars (less than 4 meters, petrol): 1 percent.
*Small cars (less than 4 meters, diesel): 3 percent.
*Mid to large cars: 15 percent.
*Sports Utility Vehicles (SUVs): 15 percent.

Finally, the common man is happy that many goods prices will be reduced.