look news india
Amid demands for reduction in GST slabs, Opposition-ruled states, including Bengal and Karnataka, see no need for amendment in the existing four-slab tax structure of GST.
Meanwhile, the Group of Ministers (GoM) will discuss the demand for reduction in GST rates of restaurants, beverages and online gaming sectors. The GoM will take up this issue.
Current GST Rates on Goods
Zero percent GST rate on milk, education, health, salt, grains
Five per cent GST rate on sugar, packaged cheese, edible oil, shoes below Rs 500, clothes below Rs 1,000, electric vehicles, restaurants, economy class air tickets
Butter, ghee, computers, mobiles, umbrellas, hotel rooms with night stay of Rs 7,500, air travel other than economy class, GST rate 12 per cent
18% GST on capital goods, ice cream, corn flakes, printers, pasta, aluminium foil, warm rooms for the night and rent above Rs 7,500
28% GST rate on cement, ACs, online gaming, casinos