GST Simplified Billing Software

ASTER BILLING

Here are all the changes in GST rates on goods and what will get cheaper after the new rates come into effect:

1. Reduced from 28 per cent to 18 per cent

• Washing machines
• Vacuum cleaners
• Domestic electrical appliances such as food grinders and mixers & food or vegetable juice extractor, shaver, hair clippers etc
• Televisions up to the size of 68 cm
• Refrigerators, freezers and other refrigerating or freezing equipment including water coolers, milk coolers, refrigerating equipment for leather industry, ice cream freezer etc.
• Storage water heaters and immersion heaters, hair dryers, hand dryers, electric smoothing irons etc
• Lithium-ion batteries
• Paints and varnishes (including enamels and lacquers)
• Glaziers’ putty, grafting putty, resin cements
• Special purpose motor vehicles. For instance, crane lorries, fire fighting vehicle, concrete mixer lorries, spraying lorries
• Works trucks (self-propelled, not fitted with lifting or handling equipment) of the type used in factories, warehouses, dock areas or airports for short transport of goods.
• Trailers and semi-trailers
• Miscellaneous articles such as scent sprays and similar toilet sprays, powder-puffs and pads for the application of cosmetics or toilet preparations

2.

From 28 per cent 12 per cent

• Fuel Cell Vehicle(compensation cess will also be exempted)

3. From 18/12/5 per cent to zero

• Sanitary Napkins
• Stone/Marble/Wood Deities
• Rakhi (other than that of precious or semi-precious material)
• Coir pith compost
• Sal Leaves, siali leaves and their products and Sabai Rope
• PhoolBhari Jhadoo (Raw material for Jhadoo)
• Khali dona
• Circulation and commemorative coins, sold by Security Printing and Minting Corporation of India Ltd (SPMCIL) to Ministry of Finance.

4. From 12 per cent to 5 per cent

• Chenille fabrics and other fabrics under heading 5801
• Handloom dari
• Phosphoric acid (fertilizer grade only)
• Knitted cap/topi having retail sale value not exceeding Rs 1000

5. From 18 per cent to 12 per cent

• Bamboo flooring
• Brass Kerosene Pressure Stove
• Hand Operated Rubber Roller
• Zip and Slide Fasteners

6. From 18 per cent to 5 per cent

• Ethanol for sale to oil marketing companies for blending with fuel
• Solid biofuel pellets