Cheaper Or Costlier? How GST May Impact Prices Of Goods

Cheaper Or Costlier? How GST May Impact Prices Of Goods
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Highlights

India has launched Goods and Services Tax, the biggest tax reform since its Independence. Here\'s a comprehensive list of goods and services which have become cheaper and costlier starting today.

India has launched Goods and Services Tax, the biggest tax reform since its Independence. Here's a comprehensive list of goods and services which have become cheaper and costlier starting today.

Eatables

1. Milk powder
2. Curd
3. Butter milk
4. Unbranded natural honey
5. Dairy spreads
6. Cheese
7. Spices
8. Tea
9. Wheat
10. Rice
11. Flour
12. Spices
13. Groundnut oil
14. Palm oil
15. Sunflower oil
16. Coconut oil
17. Mustard oil
18. Sugar
19. Jaggery
20. Sugar confectionery
21. Pasta
22. Spaghetti
23. Macaroni
24. Noodles
25. Fruit and vegetables
26. Pickle
27. Murabba
28. Chutney
29. Sweetmeats
30. Ketchup
31. Sauces
32. Toppings and spreads
33. Instant food mixes
34. Mineral water
35. ice
36. Sugar
37. Khandsari
38. Biscuits
39. Raisins and gum
40. Baking powder
41. Margarine
42. Cashew nuts

Items of daily use

1. Bathing soap
2. Hair oil
3. Detergent powder
4. Soap
5. Tissue papers
6. Napkins
7. Matchsticks
8. Candles
9. Coal
10. Kerosene
11. LPG domestic
12. Spoons
13. Forks
14. Ladles
15. Skimmers
16. Cake servers
17. Fish knives
18. Tongs
19. Agarbatti
20. Toothpaste
21. Tooth powder
22. Hair oil
23. Kajal
24. LPG stove
25. Plastic tarpaulin

Stationery

1. Notebooks
2. Pens
3. All types of paper
4. Graph paper
5. School bag
6. Exercise books
7. Picture, drawing and colouring books
8. Parchment paper
9. Carbon paper
10. Printers

Healthcare

1. Insulin
2. X-ray films for medical use
3. Diagnostic kits
4. Glasses for corrective spectacles
5. Medicines for diabetes, cancer

Apparels

1. Silk
2. Woollen fabrics
3. Khadi yarn
4. Gandhi topi
5. Footwear below Rs 500
6. Apparel up to Rs 1,000

Others

1. Diesel engines of power not exceeding 15HP
2. Tractor rear tyres and tubes
3. Weighing machinery
4. Static converters (UPS)
5. Electric transformers
6. Winding wires
7. Helmet
8. Crackers and explosives
9. Lubricants
10. Bikes
11. Movie tickets less than Rs 100
12. Kites
13. Luxury cars
14. Motorcycles
15. Scooters
16. Economy-class air tickets
17. Hotels with tariff below Rs 7,500
18. Cement
19. Fly ash bricks and blocks

Items that will now cost more:

1. Paneer
2. Cornflakes
3. Coffee
4. Masala powder
5. Curd
6. Ghee
7. Biscuits
8. Chewing gum
9. Ice-cream
10. Tea
11. Chocolates
12. Spices
13. Ayurvedic and other alternative medicines
14. Gold
15. Hotels with room tariffs above Rs 7,500
16. Fine-dining restaurants
17. Restaurants inside five-star hotels
18. Movie tickets above Rs 100
19. Concerts
20. IPL matches
21. Clothes above Rs 1,000
22. Shampoos
23. Perfumes
24. AC and first-class rail tickets
25. Business-class
26. Air-conditioner
27. Fridge
28. Washing machine
29. Television
30. Courier services
31. Mobile phone charges
32. Insurance premiums
33. Banking charges
34. Broadband services
35. Credit card bill
36. Two-wheelers with engine capacity of more than 350 cc
37. Small and mid-size cars
38. SUVs
39. Fishing nets
40. Smartphones
41. Laptops
42. Desktops
43. Yoga mats44. Fitness equipment
45. Aerated drinks
46. Cigarettes
47. Tobacco
48. Alcoholic drinks
49. Luxury goods

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