New GST rates: Here’s what gets costlier and what’s cheaper

The brand new Items and Service Tax (GST) charges have come into impact from at the moment. A number of home items, together with lodges and financial institution providers, amongst different issues, will now get costlier following the revision of GST charges throughout the two-day GST council’s forty seventh meet held final month in Chandigarh.

Now, customers must pay extra GST on pre-packed, labelled meals gadgets, and hospital rooms above Rs 5,000.

In the meantime, the GST fee on electrical autos has been slashed by 5%. The speed on orthopedic home equipment has been introduced down to five% from 12%.