GST Council Meeting: What is cheap and what is expensive? | Jagran Business-Watch Video

GST Council 50th Meeting: GST Council online gaming was being discussed for a long time. This time the council has decided to impose 28% on online gaming. Means online gaming, casino, horse racing will become expensive. It has been decided to impose a cess of 22 per cent on vehicles of the Multi Utility and Crossover Utility (XUV) category. After this decision, many vehicles will become expensive.After the decision of the GST Council, vehicles will become costlier by imposing 22% compensation cess in addition to 28% GST on MUVs. Although the parameters of the SUV have been fixed for this.

What will be cheaper?

• After the decision of the GST Council, food and drink in cinema halls will become cheaper.

• It has been decided not to impose IGST on imported cancer medicines.

• Satellite service launch to be cheaper, GST Council has exempted GST satellite launch services by private operators.

• GST on raw and unfried snack pellets reduced from 18% to 5%.

• GST on fish paste has been reduced from 18% to 5%.

• GST on artificial zari thread reduced from 12% to 5%

• GST on LD slag reduced from 18% to 5%.