Home / BUSINESS / Want to know what all Goods and Services are no more in 28% Slab? Comprehensive List here.

Want to know what all Goods and Services are no more in 28% Slab? Comprehensive List here.

In a massive relief for common people, the Goods and Services Tax (GST) Council on Friday decided to slash rates on 177 items, reducing taxes on these from the existing 28 percent in one of the biggest tax reductions since the new system kicked-in from July 1.

The council has decided to keep only 50 luxury and `sin’ goods like tobacco in the highest slab, paving the way for price cuts in a raft of commonly used goods from furniture to sanitary ware.

Below are the list of goods, which are now cheaper after the recommendations of GST Council:

Goods on which the Council has recommended reduction in GST rate from 28% to 18% include:

Comments

About Team Postman

Check Also

Petrol, diesel get cheaper after Diwali: how to check latest petrol, diesel prices in your city

Petrol, diesel prices today: The oil marketing companies (OMCs) once again decreased the prices of …

One comment

  1. Pls tell me about SAC of leasing of Medical Equipments

Leave a Reply

Your email address will not be published. Required fields are marked *

Postman,Postman News,Postmannews,Piyush Goyal education,Suresh Prabhu education