How does GST rates impact your monthly household budget?
GST rates for 1,211 goods and all services have been decided. The tax rates under GST for all products and services will be at 5%, 8%, 18% and 28%. There is also a list of products that are termed 'essential' and will attract 0% Goods and Services Tax.
Union Minister for Finance, Corporate Affairs and Defence Arun Jaitley addresses a press conference in New Delhi on May 5, 2017. Photo: IANS