Inflation will hurt more from tomorrow: 5% GST on milk products and flour from July 18, more rupees will have to be paid for hotel rooms

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  • GST; do ; 5% GST on milk products and flour from July 18, more money will be spent for hotel rooms

New Delhi4 hours ago

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Tomorrow i.e. from July 18, many things of need are going to be expensive. In the meeting held last month, the GST Council has decided to increase the GST rate. With the increase in GST rates, many essential items including curd, lassi, rice and flour will become expensive.

Dairy products and flour will be expensive
In the meeting of the GST Council chaired by Finance Minister Nirmala Sitharaman, it was decided to include milk products under the purview of GST for the first time. In the meeting of the GST Council, it was decided to levy 5% GST on tetra packed curd, lassi and butter milk. Not only this, 5% GST will also be levied on unbranded pre-packaged and pre-labeled flour and pulses.

18% GST on LED lights and LED lamps
The government has increased GST on blades, paper scissors, pencil sharpeners, spoons, forked spoons, skimmers and cake service etc. Now GST will be collected on it at the rate of 18%. Not only this, the GST on LED lights and LED lamps has also been increased from 12% to 18%.

treatment is too expensive
If a room is provided by the hospital for more than Rs 5000 per day, then GST will be payable at the rate of 5%. In this, exemption will be applicable on ICU, ICCU, NICU, room.

Will have to pay more money for hotel room
Currently, there was no GST on hotel rooms less than Rs 1000, but now such rooms will also attract GST at the rate of 12%.

Business class travel will be expensive
Flights originating from Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Sikkim, Tripura, Bagdogra, which were tax free till now, will now get GST exemption only on economy class and 18% rate for business class travel. GST will be charged from

Keeping goods in the warehouse will also be expensive
The services of storage of dryfruits, spices, copra, jaggery, cotton, jute, tobacco, tendu leaves, tea, coffee etc. in the warehouse, which were till now exempt from tax, have now been brought under the tax net and such services are now taxed at the rate of 12%. GST will be charged from

Apart from this, the service of fumigation of warehouses for storage of agricultural produce was exempted from tax. Now such services will attract GST at the rate of 18%.

Growing GST Collection
GST collection increased to Rs 1.45 lakh crore in June. This is an increase of 56% from a year ago. Whereas in the month of May it was Rs 1.41 lakh crore.

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