GST Council Cuts Rate On 88 Items

The GST Council cut rates on 88 items, including footwear, refrigerator, washing machine and small screen TV, while the widely demanded sanitary napkins have been exempted from the levy. The highest tax bracket of 28 percent has been rationalized further with rates on daily-use items like perfumes, cosmetics, toiletries, hair dryers, shavers, mixer grinder, vacuum cleaners, lithium-ion batteries, being lowered to 18 percent. The revised tax rates will come into effect from July 27.

  • The GST Council cut rates on 88 items.
  • Including footwear, refrigerator, washing machine and small screen TV, while the widely demanded sanitary napkins have been exempted from the levy.
  • The highest tax bracket of 28 percent has been rationalized further with rates on daily-use items like perfumes, cosmetics. toiletries, hair dryers, shavers, mixer grinder, vacuum cleaners, lithium-ion batteries, being lowered to 18 percent.download our android app