New Delhi, Sept. 21 -- Several items are set to get cheaper from Monday and over 50 products will now attract Nil tax as the new tax rates on goods and services (GST) comes into effect from September 22 - the first day of the Navaratri.
On September 3, the GST Council approved a major overhaul in the indirect tax regime by reducing rates on a majority of the goods. Union Finance Minister Nirmala Sitharaman said the move will infuse Rs.2 lakh crore into the economy, leaving people with more cash in hand that otherwise would have gone as taxes.
The tax on several food items, live-saving medicines, and stationery has been reduced to NIL, directly benefiting consumers and households.
Here is a list of items that will no longer have GST app...
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