The list of items and services on which tax rates were reduced following the GST implementation includes TV upto 27 inches, Refrigerator, washing machine, electrical appliances, geyser, fan,cooler, mobile phones etc.
New Delhi: As the GST introduction set to complete six year on July 1, the government shared a list of items and services that became cheaper post 2017. The government has reduced GST on the purchase of electronics items. Now users will not have to pay 31.3 percent GST to buy these things. The list of items and services on which tax rates were reduced following the GST implementation includes TV upto 27 inches, Refrigerator, washing machine, electrical appliances, geyser, fan,cooler, mobile phones etc.
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“GST, which was introduced six years ago by subsuming 17 taxes and 13 cesses levied by the central and state governments, has not only helped in reducing tax burden on the citizens but has also proven to be the engine for driving consumption in the country,” said Union Finance Minister Nirmala Sitharaman’s office.
Here are the list of household appliances that gets cheaper
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Here is a list of all the items that will become cheaper due to new GST rates.
- TV will be cheaper to buy: The government has slashed GST from 31.3 percent to 18 percent on TVs with a screen size of 27 inches or less.
- Mobile phones will be cheaper: The government has lowered GST on mobile phones to 12 percent making them cheaper for customers.
- Home appliances will also be cheaper: Home appliances like refrigerators and washing machines, as well as fans, coolers, geysers, etc., will also be cheaper. The GST on these home appliances has been slashed to 18 percent.
- Other household appliances such as mixers, juicers, vacuum cleaners, LEDs, vacuum flasks and vacuum utensils have also got a GST cut. The GST on mixers, juicers, etc. has gone down to 18 percent while the GST on LEDs has gone down from 15 percent to 12 percent.
The state-wise break-up of GST collections in May 2023 showed that Maharashtra posted the highest GST collection in absolute terms at Rs 23,536 crore. Other states like Karnataka, Gujarat, Tamil Nadu, Haryana and Uttar Pradesh also showed high GST collections. The GST collections for May 2023 were attributed to the improved economic activity and the increased compliance by taxpayer.
