Know after a change in GST plate, which things will be cheap and how much relief will be given to the ordinary people
On the 79th Independence Day of India, Premier Modi made very big announcements about GST from the Ramparts of the Red Fort. The prime minister said that the countrymen will get a great gift on Diwali this time, for which the government is working on the next generation GST reform. Only then did the ministry proposed to reduce GST from 12% to 5% on essential goods before the council. Know in the soil report that if GST is reduced from 12% to 5%, how much relief can be given to the ordinary man. Deepak Aggarwal, owner of Aggarwal Flour Mill and Dal Store, said that the change in GST plate would affect ordinary people’s pockets. He said: ‘Consumers will now be able to buy more and more food and drinks, because it will be cheap now. Our sales will increase … People don’t buy costly now. ‘Packed snacks and mustard oil Currently, all types of brands and packaged snacks and food oils are 12% GST. Suppose a packet of brand snacks are sold for £ 105. Currently the GST is slightly over £ 12. If placed in 5% GST plate, the GST will be reduced to around £ 5. That is, it can be about 7 rupees cheaper. At the same time, the price of 1 liter package is £ 210. Currently, it looks about £ GST. If kept in 5% GST plate, the tax on it will be reduced to £ 10.50, ie 1 kg of mustard oil will be about £ cheaper. The price of 1 liter pack of Ghee Ghee is £ 675. It currently takes 12% GST. If placed in 5% GST plate, the tax will be reduced to 7%, that is, a 1 kg ghee pack will be about £ 48 cheaper. The guava juice is a price of £ 112 in the 1 liter market Guava package in the market. At the moment it is 12% GST, that is, the government charges a £ 13.44 paise tax. If the 1 liter pack of juice is placed in 5% GST plate, the tax will be reduced to £ 5.60, that is, the juice of each liter fruit is about £ 7 cheaper. Mango juice is sold in the market for 2 liters of mango juice for £ 99. Currently it is charged around £ 12 GST. If placed in 5% GST category, it will be about £ 7 cheaper. A pack of 100 grams of butter butter is currently being sold for £ 62. It takes around £ 7.45 gst. If 5% GST is imposed on butter, the tax on it will be reduced to only £ 3.10, that is, that is, a pack of 100 grams of butter will be cheaper £ 4 to £ cheaper.