New GST Rates 2022 After the change in GST rates,
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know what got less costly and what became more expensive, and check list
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Let us tell you that following this decision, the opposition has not stopped criticising the government. In response,
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the finance minister tweeted that the 14 food products on which a 5 percent GST had been imposed
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would not be subject to the tax if they were sold in the open.
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Products that are packaged and levelled will be subject to GST at a rate of 18%. Additionally, it was formerly just subject to a 5% tax.
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In addition, raw materials for shoes and coconut water will also be subject to a 12 percent tax.
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In addition, the GST rate has been increased to 5%
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for items including fish, curd, paneer, lassi, honey, dry makhana, dry soybean, peas, wheat and other cereals, and puffed rice.
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Tax on hotel rooms costing less than Rs 1,000 per day is 13%.
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In addition, 5% GST would be applied on hospital room rentals over Rs 5,000 per day (excluding ICU).
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Additionally, the GST rate was increased to 18% for contracts
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for the construction of roads, bridges, railways, metros, waste treatment facilities, and crematoriums.
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