The council was discussed to cut down  the rate  to 5 percent so that fertiliser price comes down to ease the burden, it doesn't go high. Arun Jaitley, Finance Minister said .But on the other hand School supplies like pencils and notebooks are unlikely to get costlier comparatively under the new  GST regime, HRD minister Prakash Javadekar says.

Image result for gst


The GST which is into effect will not have any impact on the prices of daily essentials and day to day use items. Daily use Items such as common salt and bathing  soaps will not be affected price wise as they have been excluded or exempted the tax remains at the current level.Unbranded daily food staples including fresh vegetables, milk, eggs, wheat,rice and flour will also be exempted from GST along with the  health and education services.

Image result for pencil


Other items likeTea, edible oils, cooking oils, sugar, textiles and baby formula will attract only a mere 5 per cent tax.Luxury items including two wheeler motorcycles, daily use perfume sprays and shampoo, which is taxed for about 19 per cent a few amongst this will be taxed at 18 percent or even higher.


మరింత సమాచారం తెలుసుకోండి: