GST Rates Item Wise List: Let’s finds out all-new GST rates of Items

There are few changes were recently made in the list of GST rate. A huge difference was seen in old and new tax rates. In this blog post, you will understand which tax slab contains what kinds of products. In simple words, you’ll get GST Rates Item Wise List for sure. As we all know, there are 4 tax slabs come in goods & services tax like 5%, 12%, 18%, and 28%.

In all-new GST variations, 28% tax just charge on 50 products now: Regular use products such as chewing gum, shampoo, shoes polish, nutritious drinks, aftershave lotion, and chocolate would become inexpensive.

Taxes to be incorporated under goods and services tax are service tax, excise duty, surcharge & fees, VAT, central sales tax, taxes on the lottery, entry tax, luxury tax, and entertainment tax (all these taxes are the parts of central tax & state tax).

Updated GST Rates Item Wise List has mentioned below-

Products	Old tax rate system	New tax rate system
Second-hand large & medium cars & SUVs	28%	18%
LPG supply for household domestic consumers by private LPG distributors	18%	5%
Biofuels powered buses	28%	18%
Sugar boiled confectionery	18%	12%
Drinking water packed in 20-liter bottle	18%	12%
Drip irrigation system	18%	12%
Cigarette filter rods	12%	18%
Tailoring service	18%	5%
The admission to theme parks, water parks etc.	28%	18%

                                        

Schedule of goods and services rates for services as permitted by GST council

The adjunct of GST rates of services was discussed on 19^th may 2017 during 14^th GST council meeting held at Jammu & Kashmir, Srinagar. The assembly has generally accepted the goods and services tax for services at 0%, 5%, 12%, 18%, and 28%. The complete statistics are uploaded instantly after the GST assembly’s conclusion and it will be a focus to additional vetting throughout which the GST rate list may go through few variations.

The all-new and updated GST Rates Item Wise List is applicable in all across the India- Delhi, Assam, Manipur, Haryana, Himachal Pradesh, Rajasthan, Goa, Odisha, Uttar Pradesh, Tamil Nadu, Chandigarh, Gujarat, Andhra Pradesh, Tripura, Meghalaya, Uttrakhand, West Bengal, Kanyakumari and many more. Only Jammu & Kashmir are not in the list.