Goods and Services Tax (GST) is set to roll out today at midnight. It is going to impact every Indian as prices of a large number of goods and services are going to change. The GST Council has fixed the GST rates for 1,211 items, keeping a majority of these in the 18% slab.

Below is a comprehensive list of the goods and services which will become costlier from July 1 when GST comes into force:

  1. Paneer
  2. Ice-cream
  3. Tea
  4. Chocolates
  5. Spices
  6. Ayurvedic and other alternative medicines
  7. Gold
  8. Hotels with room tariffs above Rs 7,500
  9. Fine-dining restaurants
  10. Concerts
  11. IPL matches
  12. Clothes above Rs 1,000
  13. Shampoos
  14. Perfumes
  15. AC and first-class rail tickets
  16. Business-class air tickets
  17. Air-conditioner
  18. Fridge
  19. Washing machine
  20. Television
  21. Courier services
  22. Mobile phone charges
  23. Insurance premiums
  24. Banking charges
  25. Broadband services
  26. Credit card bill
  27. Two-wheelers with engine capacity of more than 350 cc
  28. Small and mid-size cars
  29. SUVs
  30. Fishing nets
  31. Smartphones
  32. Laptops
  33. Desktops
  34. Yoga mats
  35. Fitness equipment
  36. Aerated drinks
  37. Cigarettes
  38. Tobacco
  39. Alcoholic drinks
  40. Luxury goods

source:-http://economictimes.indiatimes.com/news/economy/policy/gst-rate-guide-know-all-the-things-that-will-get-cheaper-after-midnight/articleshow/59386840.cms

 

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