05/11/2016
The announced GST rates have certainly created a buzz over the market both domestic as well as internationally. The Council has decided for a multi-tiered structure of 0%, 5%, 12%, 18% and 28%. The fluctuations of tax rates are highly in flow throughout the nation.
Meanwhile, some of the items which got their price tags a bit cheaper are Tea (Less 0.9%), Jam (0.9%), Mobile phones (Less 4.4%) and very famous Corn Flakes (Less 5%). All these mentioned items along with several others are expected to be in the drop list with the little amount of percentage
