GST Rate cut on consumer goods

Goods and Services Tax (GST) Council decide to cut the rates on several consumer goods including refrigerators, grinders, mixers, food processors, water heaters, hair dryers, water coolers, lithium batteries, vacuum cleaners, perfumes, cosmetics  and electric irons. The rates on these items have been slashed to 18 percent from 28 percent. Good news is that sanitary napkins have been exempted from GST which earlier come under 12% slab.


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