New GST Rates from January 2019

The Goods and Services Tax (GST) Council on Saturday removed seven items from the 28 per cent tax bracket. While six items, such as monitors and TVs up to 32 inches, digital cameras and video game consoles, were shifted from the tax slab of 28 per cent to 18 per cent, one - parts and accessories for carriages for people with disabilities - was moved from 28 per cent to 5 per cent, the government said in a statement. The new GST rates will take effect from January 1, 2019, Finance Ministry Arun Jaitley said.

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