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A Quick Glance at the Tax Rates Before and After GST

This comprehensive list of rates of products and services before and after GST will help you plan your budget.

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(This piece was originally published by BloombergQuint prior to the GST rollout and provides a comprehensive comparison of the rates of products and services before and after the new tax reform.)

Rates for most items and services under the Goods and Services Tax have been finalised in the two-day meeting of the GST Council that ended on Friday. While the rates on key daily use items like sugar, tea and hair oil have come down, they have been increased for luxury and sin products. Eating out in a five-star restaurant will be taxed at the highest bracket.

BloombergQuint, in collaboration with tax consultancy SKP Business Consulting LLP, breaks down how the rates under GST compare with the current tax structure. The calculations took into account Maharashtra VAT, which means existing rates may vary for other states. Here’s the list:

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Toothpaste, Branded Cereals May Cost More

This comprehensive list of rates of products and services before and after GST will help you plan your budget.

Rates Up For Mobile Phones, Refrigerators

This comprehensive list of rates of products and services before and after GST will help you plan your budget.
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Higher Rates On Electrical Hot Plates

This comprehensive list of rates of products and services before and after GST will help you plan your budget.
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Wallpaper, Paints In Highest Slab

This comprehensive list of rates of products and services before and after GST will help you plan your budget.
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Fresh Milk, Vegetables Exempt

This comprehensive list of rates of products and services before and after GST will help you plan your budget.

No Tax On Condoms, Human Blood

This comprehensive list of rates of products and services before and after GST will help you plan your budget.
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Eating Out, Phone Calls Costlier

This comprehensive list of rates of products and services before and after GST will help you plan your budget.

(This piece was originally published by BloombergQuint and has been re-published with permission.)

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