reduced gst rating ASTER BILLING

ASTER BILLING

Here are all the changes in GST rates on goods and what will get cheaper after the new rates come into effect:
1. Reduced from 28 per cent to 18 per cent
  • Washing machines
  • Vacuum cleaners
  • Domestic electrical appliances such as food grinders and mixers & food or vegetable juice extractor, shaver, hair clippers etc
  • Televisions up to the size of 68 cm
  • Refrigerators, freezers and other refrigerating or freezing equipment including water coolers, milk coolers, refrigerating equipment for leather industry, ice cream freezer etc.
  • Storage water heaters and immersion heaters, hair dryers, hand dryers, electric smoothing irons etc
  • Lithium-ion batteries
  • Paints and varnishes (including enamels and lacquers)
  • Glaziers’ putty, grafting putty, resin cements
  • Special purpose motor vehicles. For instance, crane lorries, fire fighting vehicle, concrete mixer lorries, spraying lorries
  • Works trucks (self-propelled, not fitted with lifting or handling equipment) of the type used in factories, warehouses, dock areas or airports for short transport of goods.
  • Trailers and semi-trailers
  • Miscellaneous articles such as scent sprays and similar toilet sprays, powder-puffs and pads for the application of cosmetics or toilet preparations
2.
From 28 per cent 12 per cent
  • Fuel Cell Vehicle(compensation cess will also be exempted)
3. From 18/12/5 per cent to zero
  • Sanitary Napkins
  • Stone/Marble/Wood Deities
  • Rakhi (other than that of precious or semi-precious material)
  • Coir pith compost
  • Sal Leaves, siali leaves and their products and Sabai Rope
  • PhoolBhari Jhadoo (Raw material for Jhadoo)
  • Khali dona
  • Circulation and commemorative coins, sold by Security Printing and Minting Corporation of India Ltd (SPMCIL) to Ministry of Finance.
4. From 12 per cent to 5 per cent
  • Chenille fabrics and other fabrics under heading 5801
  • Handloom dari
  • Phosphoric acid (fertilizer grade only)
  • Knitted cap/topi having retail sale value not exceeding Rs 1000
5. From 18 per cent to 12 per cent
  • Bamboo flooring
  • Brass Kerosene Pressure Stove
  • Hand Operated Rubber Roller
  • Zip and Slide Fasteners
6. From 18 per cent to 5 per cent
  • Ethanol for sale to oil marketing companies for blending with fuel
  • Solid biofuel pellets

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