Business

GST rates cut on 27 items

Rates on khakras have been reduced to 5%.

Rates on khakras have been reduced to 5%.  

The GST Council, chaired by Union Finance Minister Arun Jaitley, met in New Delhi today.  Addressing the media after the meeting, he said the rates have been tweaked on 27 items.

Here are some of items whose rates have been slashed:

- Sliced dried mangoes reduced from 12% to 5%

- Khakra and plain chapattis reduced to 5%

- ICDS food packets for children reduced from 18% to 5%

- Unbranded namkeen down to 5%

- Unbranded ayurvedic medicines down from 12% to 5%

- Plastic and rubber waste down from 18% to 5%

- Paper waste from 12% to 5%

- Yarn brought from 18% to 12%

- Many stones used in flooring, except marble and granite - will be now taxed at 18% instead of 28%

- A lot of items in stationery were at 28% now at 18%

- Diesel engine parts - brought down to 18% from 28%

- Services - zari job work - down from 12% to 5%

A letter from the Editor


Dear reader,

We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.

Support Quality Journalism
Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | Jun 4, 2020 11:23:26 AM | https://www.thehindu.com/business/gst-rates-cut-on-27-items/article19813733.ece

Next Story