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Monday, 12 June 2017

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GST rates:Movie tickets below Rs 100 , pickles mustard sauce  to cost less; Council lowers tax on 66 items

Tax rates on certain kitchen items pickles and mustard sauce,as well as movie tickets costings up to Rs 100 has been lowered as the centre and states today reduced levies on 66 items.

movie tickets costing Rs 100 and below will now attract 18 percent tax,as against 28 percent proposed earlier,while those above Rs 100 will continue to attract 28 percent GST.

Kitchen uses items like pickles,mustard sauce and Morabba will attract 12 percent GST,as against 18 percent proposed earlier.Also tax rates on Cashew nuts have been cut to 5 percent from 12 per cent

GST on Insulin and Agarbatti has also been lowered to 5 percent,while school bags will attract tax of 18 percent.
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