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Expansion
The burden of inflation has increased on the common man from today (July 18). Last month, the GST Council, during its meeting, had decided to impose GST on many items of domestic use and increase the GST rates on some items. These decisions have come into effect from today. In such a situation, from today onwards some essential items of our everyday needs have become expensive.
Products like packaged milk, curd, lassi, paneer and makhana became expensive
In the meeting of the GST Council, products like curd, lassi, paneer, honey, fish, dried soyabean, dry makhana and peas, wheat and other cereals, besides murhi or murmura, will be levied five percent GST on packaged or labeled (other than frozen goods) The decision was taken. Till now, these items were exempted from GST. Similarly, a provision has been made to levy service tax of 18 percent on tetra packs of various beverages and check books issued by the bank, and 12 percent GST on maps and charts including atlas. In such a situation, these products have become expensive from today.
Relief is just that there is no GST on unbranded things sold in the open
The only thing of relief here is that it was clearly said in the council meeting that GST will not be charged on unbranded products sold in the open. In such a situation, we have the option of using loose things instead of packaged things to avoid the impact of inflation.
It is expensive to book private rooms in hotels and hospitals
Till now, we did not have to pay any GST charge for staying in cheap or budget hotels with rent less than Rs 1000, but from today we will have to pay GST at the rate of 12 per cent for staying in such hotels. At the same time, GST will be charged at the rate of five percent for hospitalized patients for booking a room (other than ICU) for more than five thousand rupees. In such a situation, after the levy of this charge, the treatment has also become expensive from today.
Stationery items and LED lamps also became expensive
In the meeting of the GST Council, the GST on LED lamps has also been increased from 12 percent to 18 percent. Apart from this, the rate of GST has also been reduced to 18 percent on sharp knives, paper-cutting knives and pencil sharpeners, items used in printing and drawing such as ink etc. and marking products. The rate of GST on solar powered heaters has also been increased from 5 per cent to 12 per cent. In such a situation, the prices of these things have also increased from today.
Construction of crematorium, road, bridge and metro also became expensive
According to the decision taken in the meeting of the GST Council, now even the work of installation of crematorium, road, metro, bridge, railway and waste processing machinery will have to pay 18 percent GST instead of 12. By the way, the cost of their construction has also increased from today.
Tax will be levied on renting residential houses for commercial use
The GST exemption available on air travel to the northeastern states will be limited to economy class from today. Apart from this, services of regulators like Reserve Bank of India, Insurance Regulatory and Development Authority (IRDA), Securities and Exchange Board of India (SEBI) will also be taxed today (July 18), so these services have become expensive from today. Tax will also be charged from today on renting residential houses for commercial use. However, the GST rate has been kept at 5 per cent with concession on electric vehicles with or without batteries.
Freight and medical surgery equipment became cheaper
At the same time, from today (July 18), the rate of GST on transportation of goods and passengers and equipment related to medical surgery has been reduced from 12 percent to five percent from 12 percent, making these things cheaper from today. The GST on goods vehicles and their fuel has also been reduced from 18 per cent to 12 per cent. Due to this, freight transportation has also got relief from today onwards.