
What gets cheaper from Monday as GST rate cut takes effect? List inside
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As Goods and Services Tax (GST) reforms come into effect from Monday, September 22, prices of almost hundreds of items ranging from kitchen staples to electronics, automobiles are expected to be revised.
Under the current GST regime, tax is levied on goods in four slabs of 5, 12, 18 and 28% . (REUTERS)
As a reprieve for the consumers, the GST Council that comprises Centre and states, has decided to reduce tax rates on goods and services, from September 22.
Apart from essential items such as medicines and food, automobile, wellness and toiletries will become cheaper from Monday.