Goods and Service Tax Revisional Rates on the goods w.e.f. 22.09.2025:
1. Household goods like soaps, shampoos, toothbrushes, toothpaste, tableware, bicycles etc.: 5%;
2. Food items such as packaged namkeens, Bhujia, Sauces, Pasta, Chocolates, Coffee, Preserved Meat etc: 5%;
3. Consumer durables: TVs (LCD/LED), ACs, dishwashers etc.: 18%;
4. Cement: 18%;
5. Marble/travertineblocks, Granite blocks, Sand-lime bricks etc.: 5%
6. 6. Bamboo flooring / joinery, Packing cases & pallets (wood) etc.: 5%;
7. Tractors: 5%;
8. Tires and Parts: 5%;
9. Harvesters, threshers, sprinklers, drip irrigation, poultry & bee-keeping machines etc.: 5%;
10. Bio-pesticides and natural menthol: 5%
11. Handicraft idols & statues: 5%.
12. Paintings, sculptures: 5%.
13. Wooden/metal/textile dolls & toys etc.: 5%
14. Life-saving drugs, diagnostic kits etc.: 0%.
15. Other medicines including Ayurveda, Unani, Homoeopathy etc.: 5%.
16. Spectacles and corrective goggles: 5%;
17. Medical oxygen, thermometers, surgical
instruments: 5%;
18. Medical, dental, and veterinary devices: 5%;
19. Health and life Insurance: 0%;
20. Premiums for individual life insurance, health insurance, floater plans, and senior citizen policies: 0%.
Team: Economiclawspractice.com, Startupindia.club, Creditmoneyfinance.com
