66 items were revised. +cheaper or dearer +Tax exempted5% tax12% tax18% tax28% taxThe Goods and Services Tax (GST) has been finalised for almost all items by the GST Council led by Finance Minister Arun Jaitley. The council concluded its 16th meeting on June 11 where rates forMost of the goods and services have been listed under the four broad tax slabs- 5 per cent, 12 per cent, 18 per cent and 28 per cent. However, some items like gold and rough diamonds have exclusive tax rates. Also, some items have been exempted from taxation.The new GST regime might well affect your personal budget with quite a few goods and services gettingSo, here is a list of all the goods and services and their respective tax slabs:A number of food items have been exempted from any of the tax slabs.
Source: Times of India June 13, 2017 06:33 UTC