Business Today

BRIEFINGS

GST SINGES ESSENTIALS

WITH THE GST COUNCIL revising rates to rationalise the structure and increase tax revenues, prices of several daily-use items will go up. The 5 per cent tax on packaged kitchen commodities is set to make wheat flour, pulses, cereals, puffed rice and curd dearer, while an increase in rate from 12 per cent to 18 per cent on LED lamps, lights & fixtures will lead to a price increase of 5-6 per cent. With a 12 per cent tax on hotel rooms that cost ₹ ₹

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