Saturday, 1 July 2017

How #GST May Impact Prices Of Goods

ItemsEarlier Rate (%)GST (%)
Perfume17.5 - 2718
Tableware - Metal1118
Revised 12% for spoons, forks, ladles, skimmers, cake servers, fish knives, tongs
Tableware - Ceramic17.518
Tableware - Wood18 and 28
Tableware - Plastic18
Kitchenware - Metal11-20.518
Revised 12% for Spoons, forks, ladles, skimmers, cake servers, fish knives, tongs
Kitchenware-Ceramic17.5 - 2718
Kitchenware-Wood18 and 28
Kitchenware-Fly ash18
X-Ray Apparatus (for medical, dental & veterinary)17.5-2712
X-Ray Apparatus28
Footwear (below Rs. 500)14.415
Footwear(above Rs. 500)14.4118
Readymade garments (below Rs. 1000)5-65
Readymade garments (above Rs. 1000)18.512
Biscuits( Less than Rs. 100/kg)11.8918
Biscuits(Above Rs. 100/kg)16.0918
Wrist watch20.6428
Baby food (sold in unit containers)7.0618
Small Cars (<4m <1200 cc petrol)25-2728+1 (cess)
Small Cars (<4m <1500 cc diesel)25-2728+3 (cess)
Mid-segment (<1500 cc)36-4028+15 (cess)
Cars with 1500 cc & larger engines41.5-44.528+15 (cess)
Vehicles for transport with 10 to 13 passenger capacity (cannot be considered as bus)39-4128+15
Motorcycles Engine >35025-3528+3 (cess)
Stationery (Plastics)11-2718
Stationery (Paper)12 and 18
Rates revised on following items from 18% to 12% - Exercise books and note books
Stationery (Pen/Fountain Pen)
Rates revised on following items from 18% to 12% - Eraser
Renewable energy devices17-185
Iron Ore17-185
Digital Cameras25-2728
Luxury items like yacht25-2728+3 (cess)
Music Instruments (Handmade)0-12.50
Music Instruments (Other than Handmade)25-2728
Powered by EY.

Notes from EY: -These are illustration purposes only, not meant for direct implementation or reliance
-These rates are based on the best of our understanding of the applicable rates and should not be taken as an assurance of ultimate rates.
-Information as of June 20.
-EY assumes no responsibility to update for changes in after the date of the submission.


Top 10 Web Application Security Risks

Injection Injection flaws, such as SQL injection, LDAP injection, and CRLF injection, occur when an attacker sends untrusted data to an ...