Related StoriesDiwali has come early due to decisions made in GST Council: Narendra ModiModi says changes have made GST ‘even simpler’.Prime Minister Narendra Modi welcomed the changes put forth by the Council and said that GST has become “simpler”.Jaitley said the GST rates for 27 items had been changed.The GST Council headed by Finance Minister Arun Jaitley tweaked the GST rates for 27 items.
Here is a look at what got cheaper:DescriptionPresent GST rateGST rate recommended by GST CouncilMango sliced dried12 per cent5 per centKhakra and plain chapati roti12 per cent5 per centICDS food packets18 per cent5 per centLoose, unbranded namkeen12 per cent5 per centUnbranded Ayurvedic, Unani, Siddha, Homeopathy medicines12 per cent5 per centPoster colour28 per cent18 per centModelling paste for children amusement28 per cent18 per centPlastic waste, parings or scrap18 per cent5 per centRubber waste, parings or scrap 18 per cent5 per centHard Rubber waste or scrap28 per cent5 per cent.
Paper waste or scrap12 per cent5 per centDuty credit scrips5 per centNilSewing thread of man-made filaments, whether or not put up for retail sale18 per cent12 per centAll synthetic filament yarn, such as nylon, polyester, acrylic, etc.Find out what got cheaper after GST Council tweaked rates of items.Search LCS control box Manufacturers.The GST Council, headed by Finance Minister Arun Jaitley on Friday announced a slew of relief measures for exporters, small and medium businesses and also tweaked the rates for a number of items.
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