Deepak kaushik
Next-Gen GST Reform *Key Rate Reductions & Benefits as recommended by GST council in 56th meeting held on 3rd September 2025*(Effective from 22nd September 2025) 1. *Daily Essentials* • Hair oil, shampoo, toothpaste, soap, shaving cream → 18% → 5% • Butter, ghee, cheese, dairy spreads → 12% → 5% • Namkeens, bhujia, mixtures → 12% → 5% • Utensils → 12% → 5% • Feeding bottles, baby napkins, clinical diapers → 12% → 5% • Sewing machines & parts → 12% → 5% 2. *Agriculture & Farmers* • Tractor tyres & parts → 18% → 5% • Tractors → 12% → 5% • Bio-pesticides, micro-nutrients → 12% → 5% • Drip irrigation & sprinklers → 12% → 5% • Agri/forestry machines → 12% → 5% 3. *Healthcare Relief* • Health & life insurance → 18% → Nil (0%) • Thermometers → 12% → 5% • Medical oxygen → 12% → 5% • Diagnostic kits, reagents → 12% → 5% • Glucometer & test strips → 12% → 5% • Corrective spectacles → 12% → 5% 4. *Education Support* • Maps, charts, globes → 12% → Nil • Pencils, sharpeners, crayons, pastels → 12% → Nil • Exercise books, notebooks → 12% → Nil • Erasers → 5% → Nil 5. *Automobiles* • Petrol(up to 1200cc)/diesel (up to 1500cc) /LPG/CNG hybrid cars (small cars) → 28% → 18%, big car -40% • 3-wheelers → 28% → 18% • Motorcycles (≤350cc) → 28% → 18%, above 350CC- 40% • Goods transport vehicles → 28% → 18% Electric Vehicle -5% 6. *Electronic Appliances* • Air conditioners → 28% → 18% • Televisions (above 32”) → 28% → 18% • Monitors, projectors → 28% → 18% • Dishwashers → 28% → 18% GST compensation cess removed from all items except for tobacco products#gst #tax #gstrate
3 months ago | [YT] | 1
Deepak kaushik
Next-Gen GST Reform
*Key Rate Reductions & Benefits as recommended by GST council in 56th meeting held on 3rd September 2025*(Effective from 22nd September 2025)
1. *Daily Essentials*
• Hair oil, shampoo, toothpaste, soap, shaving cream → 18% → 5%
• Butter, ghee, cheese, dairy spreads → 12% → 5%
• Namkeens, bhujia, mixtures → 12% → 5%
• Utensils → 12% → 5%
• Feeding bottles, baby napkins, clinical diapers → 12% → 5%
• Sewing machines & parts → 12% → 5%
2. *Agriculture & Farmers*
• Tractor tyres & parts → 18% → 5%
• Tractors → 12% → 5%
• Bio-pesticides, micro-nutrients → 12% → 5%
• Drip irrigation & sprinklers → 12% → 5%
• Agri/forestry machines → 12% → 5%
3. *Healthcare Relief*
• Health & life insurance → 18% → Nil (0%)
• Thermometers → 12% → 5%
• Medical oxygen → 12% → 5%
• Diagnostic kits, reagents → 12% → 5%
• Glucometer & test strips → 12% → 5%
• Corrective spectacles → 12% → 5%
4. *Education Support*
• Maps, charts, globes → 12% → Nil
• Pencils, sharpeners, crayons, pastels → 12% → Nil
• Exercise books, notebooks → 12% → Nil
• Erasers → 5% → Nil
5. *Automobiles*
• Petrol(up to 1200cc)/diesel (up to 1500cc) /LPG/CNG hybrid cars (small cars) → 28% → 18%, big car -40%
• 3-wheelers → 28% → 18%
• Motorcycles (≤350cc) → 28% → 18%, above 350CC- 40%
• Goods transport vehicles → 28% → 18%
Electric Vehicle -5%
6. *Electronic Appliances*
• Air conditioners → 28% → 18%
• Televisions (above 32”) → 28% → 18%
• Monitors, projectors → 28% → 18%
• Dishwashers → 28% → 18%
GST compensation cess removed from all items except for tobacco products
#gst #tax #gstrate
3 months ago | [YT] | 1