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WHAT IS GST? GOODS AND SERVICE TAX IN INDIA

WHAT IS GST?





GST means Goods And Services and GST launched in india 1 july 2017. by the GST some goods or products is very cheap and some goods are hight rates price and some is zero level in taxatiom.GST launched in india by financial minister Arun jetley.GST decided 1200 goods and services taxation and in GSTmake defrent type taxation they are 5 to 28 percent maximum taxation.in this 81 percent goods and is percent tax rate is down.







In saturday 1 july 2017 modi goverment launched in mid night goods and services tax (GST).GST is profitable for indian people because they can pay tax for poor  people and making good infrasturcture and making india.your support is important for making india.all people who pay tax in product sell and purchase  by the GST they can pay tax onley one time .GST have Launched 0 to 28 percent tax rate.





UNDER ZERO PERCENT PRODUCT (NO TAX)





Fresh milk,open foood product,fresh froot,fresh vegitable,salt,suger,egg,open cheez,rice,bread,animal foods,condom,unwanted pills,bangle,broom.





UNDER FIVE PERCENT PRODUCT (5 PERCENT TAX)





Tea ,cofee,musterd oil,branded foods,soya and sunflower seeds,branded paneer,coal,carosin,for home use LPG Gas,cashew nut,raisin,under 500 rs shose,under 1000 rs dress,oral rehidration salt,jymetry box,kedney trans plant,hand pump,iron ,steel,steel,and mixed iron steel,aluminium pots,insence sticks.







UNDER 12 PERCENT PRODUCTS (12 PERCENT TAX)







Dry froots,ghee, butter,namkeen,meet,fish,milk made drinks,fregen meet,bio gas,candell,enesthixe,tooth paste (powder),glass lence,baby dring book,calender,LPG stove,net bolt pech,tractor,cycle,LED lite,play products,art work,mobile phone.









UNDER 18 PERCENT PRODUCTS (18 PERCENT TAX)







Rifined sugar,candesd milk,prizverd vigitable,hair oil,shope,helmet,note book,jam and jelly,sos,shoup,ice cream,insted food mixed,minirol water,petrolium jelly,petrolium cock,toilet paper,printer,computer.






UDNDER 28 PERCENT PRODUCTS(18 PERCENT TAX)







Moter car,moter cycle,chocklate,cocoa butter fats oil,pan products,fridge,perfume,dio dread,makeup products,wall putti,wall paints,toothpaste, saving cream,after save,liquid shope,plastic products,rubber tyre,ltther bag, marble,greynet,plaster, mica,tamped glass,rejer,dis washing machine,meniqure,pediqure sel,piano,revalver etc.









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