Goods and Services Tax (GST) is all ready to begin the show from tomorrow. As we all know the prices of large number of goods are about to change from tonight. People are definitely going to have an impact. It has been reported that 1,211 goods have been fixed with GST rates and most of the goods falls under 18% slab. We have been seeing the new rates for the past few days.
Let us have a quick glance at the 49 items which will be costlier from July 1st
|Alcohol & Drinks||Aerated drinks|
|Hotels with room tariffs above Rs 7,500|
|Movie tickets above Rs 100|
|Restaurants inside five-star hotels|
|Household||Clothes above Rs 1,000|
|Others||Ayurvedic and other alternative medicines|
|Travel||AC and first-class rail tickets|
|Business-class air tickets|
|Utility Services||Banking charges|
|Credit card bill|
|Mobile phone charges|
|Vehicles||Small and mid-size cars|
|Two-wheelers with engine capacity of more than 350 cc|
To have a quick glance at the 104 items falling under 6 essential categories which will be cheaper from July 1st, click here!!!