Pasta, tea, mustard oil, noodles, several other food items to become cheaper under GST
Pasta, tea, mustard oil, noodles, several other food items to become cheaper under GST

LPG and daily use products such as notebooks, incense sticks, aluminium foils, insulin and several other items will become cheaper under the GST regime, set to be rolled out from July 1.

The finance ministry stated, "In a majority of supplies of goods, the tax incidence approved by the GST Council is much lower than the present combined indirect tax rates levied by the Centre and states."

The current taxes are levied on account of central excise duty rates, embedded central excise duty rates, service tax post-clearance embedding, VAT rates or weighted average VAT rates, cascading of VAT over excise duty and tax incidence on account of CST, Octroi, Entry Tax, among others.

Some of the items where the GST incidence is lower than the present combined indirect tax rates are milk powder, curd, butter milk, Unbranded Natural Honey, dairy spreads, cheese, spices, tea, wheat, rice, flour, and spices.

The new tax is also lower on groundnut oil, palm oil, sunflower oil, coconut oil, mustard oil, sugar, palmyra jaggery, sugar confectionery, pasta, spaghetti, macaroni, noodles, fruit and vegetable items, several food products, pickle, murabba, chutney, sweetmeats, ketchup and sauces.

The finance ministry has released a list of supplies wherein GST incidence will be lower than the current taxes.

The list also includes toppings, spreads and sauces, instant food mixes, mineral water, ice, cement, coal, kerosene PDS, LPG domestic, insulin, agarbatti, tooth powder, hair oil, toothpaste, kajal, soap, X-ray films for medical useand diagnostic kits and reagents.

 
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