GST collections see 8.9 pc YoY growth at Rs 1.87 lakh crore in October
It is the eighth consecutive month when GST collections stayed above the Rs 1.7 lakh crore mark.
After Finance Minister Arun Jaitley presented the 2018-2019 Union Budget in Lok Sabha on Thursday, commodities such as mobile phones, jewellery and cigarettes will still cost you dear, while the FM has made efforts to make renewable energy affordable.
The following is a list of products/services that will turn costlier:
- Cars and motorcycles
- Mobile phones
- Edible/vegetable oils such as olive oil, groundnut oil
- Cigarettes
- Gold, silver
- Vegetable, fruit juices, including orange and cranberry
- Sunglasses
- Miscellaneous food preparations other than soya protein
- Perfumes and toilet waters
- Sunscreen, suntan, manicure, pedicure preparations
- Preparations for oral dental hygiene, denture fixative pastes and powders; dental floss
- Pre-shave, shaving or after-shave preparations,
- Deodorants, bath preparations, depilatories, perfumery
- Scent sprays and similar toilet sprays
- Truck and Bus radial tyres
- Silk Fabrics
- Footwear
- Coloured gemstones
- Diamonds
- Imitation jewellery
- Smart watches/wearable devices
- LCD/ LED TV panels
- Furniture, mattresses
- Wrist watches, pocket watches, clocks
- Tricycles, scooters, pedal cars, wheeled toys, dolls’ carriages, dolls, toys, puzzles of all kinds
- Video game consoles
- Articles and equipment for sports or outdoor games, swimming pools and paddling pools
The following is a list of products/services that will turn cheaper:
Advertisement
- Raw cashew nuts
- Solar tempered glass or solar tempered glass used for manufacture solar panels/modules
- Raw materials, parts or accessories used in making cochlear implants
- Select capital goods and electronics such as ball screws and linear motion guides.
Advertisement
