Moneycontrol
May 20, 2017 02:21 PM IST | Source: Moneycontrol.com

A quick guide to GST rates: Here is the list of goods that could get costlier or cheaper

Here’s how prices of goods could move after the new GST rates kick-in from July 1, 2017

A quick guide to GST rates: Here is the list of goods that could get costlier or cheaper

The Goods and Services Tax (GST) council on Thursday fixed tax rates on 1211 items, most of which will likely become cheaper as the new rates will be lower than the current effective levies.

Here’s how prices of goods could move after the new GST rates kick-in from July 1, 2017:

GST India Rates

Source: Kotak Institutional Equities, Govt of India

Note: List not exhaustive; price impact is only indicative

Decoding: What does GST mean for you?

 

Read Moneycontrol's full coverage on GST here
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