The Goods and Services Tax (GST) regime, due to come into force from 1 July, will be applicable to 1,211 items in all. These will be taxed as per the tax slabs they fall in, which range from nil to 28 percent. There is an additional cess on sin and luxury items. Here is a list of items and how they will be taxed to help you prepare for cost saving on certain items.
No tax on the following items:
Fresh meat, fish, chicken, eggs, milk, buttermilk, curd, natural honey, fresh fruits, and vegetables Flour, besan, bread, “Prasad”, salt, bindi, sindoor Stamps, judicial papers, printed books, newspapers, bangles, handloom, hotels and lodges with tariff below Rs 1,000 Jute 0.25 percent tax 3 percent tax 5 percent tax Apparel below Rs 1,000 Packaged food items Footwear below Rs 500 Cream, skimmed milk powder, branded paneer, frozen vegetables, coffee, tea, spices, pizza bread, rusk, sabudana Kerosene, coal, medicines, stent, lifeboats, transport services (railways, air transport) and small restaurants Fish fillet. 12 percent tax Frozen meat products, butter, cheese, ghee, dry fruits in packaged form Animal fat, sausage, fruit juices, namkeen Ayurvedic medicines Tooth powder, agarbatti, colouring books, picture books, umbrella Sewing machine Cell phones, non-AC hotels, business class air ticket, fertilisers, work contracts Apparel above Rs 1,000 18 percent tax Footwear costing more than Rs 500 Bidi patta Biscuits (all categories), flavoured refined sugar, pasta, cornflakes, pastries, and cakes Preserved vegetables, jams, sauces, soups, ice cream Instant food mixes, mineral water Tissues, envelopes, tampons, notebooks Steel products, printed circuits, camera, speakers, and monitors AC hotels that serve liquor, telecom services, IT services, branded garments, and financial services 28 percent tax Alcohol, bidis, cigarettes, cigars, chewing gum Molasses, chocolate not containing cocoa Waffles and wafers coated with chocolate, pan masala, aerated water, paint Deodorants, shaving creams, after shave, hair shampoo, dye, sunscreen, wallpaper, ceramic tiles Water heater, dishwasher, weighing machine, washing machine ATM, vending machines, vacuum cleaner, shavers, hair clippers, automobiles, motorcycles, aircraft for personal use, five-star hotels, race club betting, cinema