New GST Rates Made Flour, Milk, Pulses Expensive, Other Items Got Cheaper

New GST Rates have confused the common man more than ever before because it would directly impact their budget. And the damage is visible since Monday, July 18.

Now, consumers have to pay an extra 5% GST on pre-packaged foods as per the revised rates 2022. A few items are also exempted from the tax slab but it won't make much difference to the buyers' budget.

All the changes were made in the 47th GST Council Meeting that took place on June 28 and 29. It was chaired by Finance Minister Nirmala Sitharaman, state ministers, and Minister of State for Finance.

New GST Rates on Pre-Packed and Labelled Goods

Items Getting Cheaper After GST Revised Rates

While the commonly used items and machines have got expensive, a few products will see a price cut as they are put in lower tax slab

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• Transportation of passengers and goods via ropeways
• Accessories implanted on disable people
• Fracture appliances
• Artificial body parts

Tax on renting trucks for good supply fell from 18% slab to 12%. Click here to know full GST revised rates