These items will become more expensive as of today due to the increase in the GST rate

Today marks the implementation of the Goods and Services Tax rate recommendations announced at the 47th GST Council meeting in June.

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Today marks the implementation of the Goods and Services Tax rate recommendations announced at the 47th GST Council meeting in June.

Following is a list of items that will get costlier:

1. The GST rate on paper spoons, knives, forks, ladles, skimmers, and cake servers increased from 12% to 18%.

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2. The GST rate for power-driven pumps, including centrifugal pumps and deep tube-well turbine pumps as well as submersible and bicycle pumps, rose from 12% to 18%.

3. When branded and packaged in a unit container, pre-packaged and labelled grains and cereals like rice, wheat, and flour (atta) will now be subject to a 5% GST.

4. When pre-packaged and clearly labelled, curd, lassi, and puffed rice would be subject to GST at a rate of 5%.

5. The GST rate will rise from 12 to 18 percent for LED lamps, lighting, fixtures, and their metal printed circuit boards.

6. The GST rate on solar water heaters and systems has been raised from 5% to 11%.

7. The GST rate for polished and cut diamonds will rise from 0.25 to 1.5 percent.

8. The GST rate on e-waste would increase from 5% to 18%.

9. The GST rate on petroleum and coal bed methane would rise from 5% to 11%.

10. A 10% tax will be applied to hotel stays costing up to 1,000 per day.

11. If a hospital charges for a room that costs more than 5,000 per day per patient (excluding ICU), that money will be taxed at a rate of 5% without ITC.

Here are some goods and services where GST has been slashed:

1. The tax on products and passenger transportation by ropeways was lowered from 18% to 5%.

2. Due to the tax’s decrease from 18% to 12%, renting a truck or goods carriage that includes the cost of fuel will be less expensive.

3. The GST on ostomy appliances was lowered from 14% to 5%.

4. The GST on a number of orthopaedic devices was lowered from 12 to 5 percent.