top of page

GST rates India: Here’s what has changed in Asia's biggest Economy

  • Writer: Charles David
    Charles David
  • Jul 1, 2017
  • 1 min read


Here’s a list of items and GST rates applicable on them after the midnight launch of the Goods and Services Tax on Friday 

GST rates have been fixed for over 1,000 items, and the GST Council has taken care that the new tax slabs are as close to the current structure to ensure that the transition is revenue-neutral. Although there are four tax slabs—5%, 12%, 18% and 28%—most of the commodities fall in the 12% and 18% slabs. Here’s a list of items on which tax rates will change after the GST launch. 






 
 
 

Comments


  • ForexInventory Facebook
  • ForexInventory Telegram
  • ForexInventory Whatsapp
  • ForexInventory Twitter page
  • ForexInventory LinkedIn
  • ForexInventory Pinterest

©2015 - 2025 Forex Inventory All Rights Reserved

Forex Inventory is not a trading counter-party & does not offer financial brokerage services.

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.

Regional restrictions - Forex Inventory does not offer its services to residents of certain jurisdictions such as USA, Haiti, Suriname, Japan, India, Canada, Democratic Republic of Korea and British Columbia.

bottom of page