Rishi Bagree
Rishi Bagree

@rishibagree

6 تغريدة 42 قراءة Jan 02, 2022
Tax Comparison
Items MMS Modi
Sanitary Pads 13% 0%
Paints 30% 18%
Footwear 18% 12%
Television sets 30% 18%
Refrigerator 30% 18%
Washing Mach 30% 18%
Tax Comparison
Items MMS Modi
Restaurants 21% 5%
Detergent 30% 18%
Shampoo 30% 18%
Coffee 30% 18%
Toothpaste 30% 18%
Mineral water 28% 18%
Tax Comparison
Items MMS Modi
Cosmetics 30% 18%
Fertilisers/Urea 12% 5%
Chocolates 30% 18%
Sweets 18% 5%
Plywood 30% 18%
Sanitary ware 30% 18%
When GST was launched in 2017 the Revenue Neutral Rate was 15.3%. With continuous downward revisions of GST rates in 400 items the Revenue Neutral Rate came down to 11.6% today translating into a sharp tax cut of 25% in GST rate.
No GST need to be paid by buyers of constructed property — building and ready-to-move-in flats where the sale takes place after the issue of the completion certificate
This is Feb 2020 Uber receipt.
We use to pay 5% GST on the fare then.

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