Tax on broom and Sonpapadi
Prime Minister Narendra Modi promised the countrymen to give a gift on Diwali on August 15, after which Finance Minister Nirmala Sitharaman announced the rate cut in the GST Council meeting. After the rate cut, many needs will become cheaper on the festive season. Since the rates are going to be implemented from September 22, its effect will be seen after that. At the moment, many companies have reduced their prices before the 22nd. Next month is the festival of Diwali and Dhanteras. Usually, there is a lot of purchase of Sonpapadi sweets on Dhanteras daily in families and on Diwali. Let us tell you in this news that in the coming time, the prices of broom and Sonpapadi will be low. Now how much tax will be levied on them.
The GST appears in different ways on the broom and these rates depend on the type and branding of the broom. The GST rate on the broom is also decided on which material has been used to make it. Generally, flowers made of trees and plants like coconut or bamboo looks different on broom. At the same time, a broom made of plastic is fitted in a separate slab.
This is how the price of broom will be decided
As mentioned above, tax on the broom depends on its material. The Main of the broom is HSN Code 9603. The first 12% GST rate under this code was, but now this slab is over, so it will be charged 5% GST from 22 September. Meaning in this festive season, the sweep of this category will be cheaper than last year, the tax will be reduced. At the same time, apart from this, the broom made by mixing certain substances was taxed in the first two slabs. The first was 12 percent tax and the second 18 percent tax. But in the new slab, the government has also put such a broom in the 5 percent slab. Their prices will also be reduced after 22 September.
Sonpapadi will be taxed so much
In the 56th GST Council meeting, the government abolished the tax slab of 12 per cent and 28 per cent. In such a situation, 99 percent of the needs have now come in the slab of 5 percent. The Finance Minister has also given special exemption on sweets. The GST rate on Indian sweets, sugar confectionery, jam, jelly etc. will now take 5 percent. Earlier, tax was used to be 18 percent. Also, the rest of the famous Indian sweets have also been kept in 5 percent tax slab. If the matter of Sonpapadi is not clear about it. But it is believed that he will also be taxed at 5 percent from the 22nd.