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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