After the announcement of GST Council and then Prime Minister Narendra Modi, new rates of GST have been implemented from today. A day ago, on Sunday evening, the Prime Minister addressed the country and told that GST savings festival will begin with the sunrise of 22 September. He named it GST Reforms.
After the implementation of the new GST rates, the GST on AC, TV, dishwasher, monitors and projectors has been reduced to 18 percent, which was the first 28%. In such a situation, customers will have to pay a lower price than before.
GST Council meeting was held at the beginning of the month
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The GST Council meeting was held at the beginning of the month, in which new rates of GST have been announced. The government has cut GST rates on a lot of goods. The new rates of GST have been implemented from 22 September i.e. today.
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TV will be cheap in GST 2.0
After the implementation of the new GST rates, the price of television sets will also be low. Earlier, where 28 percent GST rates were applicable, which have now come on 18 percent.
Suppose the base price of a TV is 20 thousand rupees. In such a situation, he had to pay a tax of Rs 5600 according to the first 28 percent, which will now be Rs 18,600. In such a situation, customers will save 2 thousand rupees.
Air conditioners’ prices will decrease
GST rates on air conditioners have also been down. Earlier, GST of 28 percent used to be held and now it has come on 18 percent.
Suppose if the base price of the air conditioner is 30 thousand rupees, then earlier it was taxed at about 8,400 rupees, which will be reduced to Rs 5,400 so far. In such a situation, after the new GST rates, users will get a chance to save about 3 thousand rupees.
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Dishwasher machine prices will decrease
The tax on the dishwasher machine has reduced the tax to 18 percent, which was earlier at 28 percent. The dishwasher machine is used to wash utensils. It is an automatic machine.
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