After GST Pricing Impact on 180+ Most Common Products

Finally, the single biggest tax reform the country has seen after independence i.e. Goods and Services Tax will be rolled out on 01st July 2017. It is also considered to be the most significant and complex economic reform for India.
Under GST, multiple central and state taxes will be combined into a single tax.

Tax on many of the goods will be significantly reduced benefiting Indian consumers. Indian manufactured products will get more exposure in the international markets leading to growth in the economy.

Since the start date is nearing, people are most interested in knowing what is going to be cheap and expensive after GST rolls out. Especially people are keen to know how the price of basic household items will change after GST implementation and how their budget will be impacted.

So here’s the list of most commonly used goods/commodities and services which are expected to see rise or fall in their prices after GST implementation:

Food related items that will be CHEAPERFood related items that will be EXPENSIVEPersonal care items that will be CHEAPERPersonal care items that will be EXPENSIVEUtility Items/Services that will be CHEAPERUtility Items/Services that will be EXPENSIVEExempt from Tax
Cooking gasAerated DrinksSoapHair DyesSmartphones made in IndiaTelevisionFresh fruits
Mustard OilInstant CoffeeToothpasteAfter Shave LotionsLarge carsMobile phone billsVegetables
NoodlesChewing gumsTooth powderDeodrantsSports Utility Vehicle (SUV)RefrigeratorPulses
Aluminium foilsWhite ChocolateHair oilShampoosElectric vehicles -
2 wheeler and 3 wheeler
Solar PanelBreads
Milk PowderCocoa chocolatesKajalSunscreenTwo wheelersRestaurant bill in AC restaurantsHealth
Butter MilkWafers coated with chocolateBeauty productsTaxi aggregatorsMovie ticketsEducation
Unbranded Natural HoneyCustard powderPerfumesCar batteriesCigarettesMilk
CheeseBranded foodgrainsAyurvedic medicinesPaintsTobaccoPaneer
Dairy SpreadsBranded floursMedicinesFansCommercial VehiclesCurd
SpicesWater heaterLife insurance premiumEggs
WheatAC Train TravelGeneral insurance premiumMeat
RiceClothing below Rs.1000TextileWheat
FlourInsulinBranded JewelryRice
Groundnut OilAgarbattiWifi and DTH servicesAnimal Slaughtering and services
Palm OilCementAir conditionerNon AC train travel in local
Sunflower OilCoalWashing machineNon AC train travel in metro
Coconut OilKerosene PdsEating out in 5 star hotelsMaida
Mustard OilX-Ray Films For Medical Use Sporting eventsBesan
SugarDiagnostic Kits And ReagentsGamblingSalt
Palmyra JaggeryPlastic TarpaulinCasinosPuffed rice
Sugar ConfectionerySchool BagBusiness class air travelOrganic Manure
PastaExercise BooksFinancial transactions and banking chargesAnimal feed
SpaghettiKitesCourier servicesFire wood
MacaroniChildren's PictureGoods transport
FruitsDrawing Or Colouring BooksSmall cars
Vegetable ItemsSilk And Woollen FabricsLuxury Goods
Several Food ProductsHelmetSchool fees
PickleEconomy-Class Flight FareMobile phones made outside India
MurabbaFly Ash Bricks BlocksAntique gold coins
ChutneyGlasses For Corrective SpectaclesMusic systems
SweetmeatsFixed Speed Diesel Engines Of Power Not Exceeding 15HpHome theatres
KetchupTractor Rear Tyres And Tractor Rear Tyre TubesHybrid cars
ToppingsWeighing MachineryGold
Instant Food MixesHotel room booking below Rs. 1000LED Television
Mineral WaterTheme park visitsElectronic iron
IceSporting eventsJuicers
LPG StoveMixers
SpoonsGrinders
ForksHotel room booking above Rs. 1000 will have different tax
LadlesLuxury hotels stay
SkimmersBranded Gutkha
Cake ServersSmoking mixtures for pipes & Cigarettes
Fish KnivesPaints
TongsVarnishes
LPG domesticStudents' colours
Kerosene PDSAC train tickets
Ice Creams
Processed food
Tea
Coffee
Food grains

The goods and service tax is currently fixed under four tax slabs: 5%, 12%, 18%, and 28%. There has already been delay in GST implementation. However 01st July 2017 has now been finalized.

So as an Indian we should support one nation – one tax system. And remember big change happens for good. Government has made sure to not burden common man with high inflation.

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