As many as 40 products, including daily use ones like idli and dosa batter, raincoat, brooms and corduroy fabric, will cost less as the GST Council has lowered taxes on them. The Goods and Services Tax (GST) Council, at its 21st meeting in Hyderabad on Satursterday, also decided to reduce levy on computer monitors of up to 20 inches, cotton quilts, rubber bands and kitchen gas lighters.
As per the list of items uploaded on the website of the Central Board of Excise and Customs (CBEC), khadi fabric sold through KVIC shops have been exempted from GST, which was implemented from July 1. Also, rate on saree fall, dhoop batti, corduroy fabric, walnut, dried tamarind and roasted gram has been brought down to 5 per cent, from 12 per cent earlier. The rate revision in these 40 items followed after the fitment committee noticed anomalies in GST levied in these products. Accordingly, plastic raincoats and rubber bands have been fitted in the slab of 18 per cent and 12 per cent, respectively, as against the earlier 28 per cent.