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India cuts GST on range of goods

  • GST
  • 25 July 2018 | Richard Asquith

India cuts GST on range of goods

On 27 July 2018, the Indian Modi government will re-categorise from 28% to 18% the Goods & Services Tax (GST) rates applicable to a range of over 80 goods. The government faces nationwide parliamentary elections next year, and is seeking to assuage a range of consumers and businesses which lost out in the July 2017 introduction of GST.

The goods affected include:

  • Domestic white goods (washing machines etc)
  • Food grinders, mixers, storage water heaters, water coolers, water heaters, electric ironing machines, among others
  • Footwear
  • Ethanol blended petrol
  • Women’s sanitary products
  • Fortified milk
  • Handicraft goods
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VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.