GST Tax Cut: The government reduced GST tax on electronic goods from 28% to 18%. All home appliances including AC, TV, washing machine will now be cheap. New rates implemented from 22 September. Learn complete information here.
GST Reduction 2025: Giving good news to the countrymen, the government has made a big announcement of GST tax cuts. In such a situation, the price of many home appliances including electronic gadgets will be seen. The government has kept most of the things within 5% and 18% tax slab, making the tax system easier. Changes in GST tax will be applicable from September 22.
What is GST on electronic goods?
Let us know that earlier, on buying electronic goods, common people had to pay 28 percent GST tax. However, it has been cut. Now it has been reduced from 28 percent to 18%, that is, now the price of electronic goods will be much less than before.
What things have GST tax reduced?
If you buy electronic goods like AC, LED-LCD TV, monitor, projector or washing machine, then now you have to give 18 percent GST instead of 28 percent. For example, if you are buying a TV of 50 thousand rupees, then earlier 28 GST Tax i.e. 14,000 tax had to be paid. Now 18% GST will be taken i.e. you will have to pay 9,000 rupees. In this way, customers will save up to about 5000 rupees on a purchase. Apart from this, a change in bike prices up to small car model and 350cc can also be seen.
The most asked questions-
What is GST tax?
The full form of GST is Goods and Services Tax. Which was implemented by the Government of India in 2017. Earlier in the states, goods were levied on the goods of the Central and State Government, due to which it was difficult to understand the price. GST was implemented to make it easier. That is, you will buy goods in Mumbai or there will be tax rates in Delhi. The government had earlier implemented 0%, 5%, 12%, 18%and 28%tax slabs. However, it has now been removed to 5% and 18%.
What is the new GST tax slab?
In the GST Council meeting, two tax slabs and 18% have been given moan in the GST Council meeting, ending 12% and 28% tax slabs. Along with this, 40% special slab has been brought for luxury goods.
How much GST is imposed on electronic goods?
Electronic things previously used to fall into 28 percent tax slab, which has been reduced to 18%.
