The moment GST came in India, it would not be wrong to say that almost everything has changed. If the prices of some items have increased while some have witnessed a downfall. In case you don’t know about GST rate list, all you need to do is just go through the article below. The Government made an announcement almost a year ago regarding this new-indirect tax regime that basically includes the classification of taxes being implemented on different products and services. So, if we talk about the different tax brackets, they include- 5%,12%,18% and 28%, covering different products and services. This in-direct tax is now a reality in the country and is being levied on many products and services. And, if we talk about the home appliance, GST has created its impact on many such items. Without any further delay, let’s just come to the point and give you the insights about pre and post GST scenario on multiple home appliance in the article below.
So, let’s just see the impact of this in-direct tax regime on some of the commonly household appliances.
Televisions
Before GST came into existence, the customers need to pay 23% to 28% tax on the same. In fact, some States also used to charge an Octroi of 5% and above. But it would be interesting to know what happens post- GST? So, let’s see a differential impact in the article below.
Television Types/Brand: LG OLED 77W7
Pre GST:₹ 30 lakh
Post GST:₹ 31.5 lakh
Net Difference:5% increase
Television Types/Brand: Samsung Q9F QLED TV
Pre GST:₹ 24.99 lakh
Post GST:₹ 26.24 lakh
Net Difference:5% increase
Television Types/Brand: Samsung Q9F QLED TV
Pre GST:₹ 24.99 lakh
Post GST:₹ 26.24 lakh
Net Difference:5% increase
Television Types/Brand:Sony Bravia KD-65X9300D 65 Inches
Pre GST:₹ 3.14 lakh
Post GST:₹ 3.29 lakh
Net Difference:5% increase
After looking at three different scenarios, you can easily see the difference and make your decision.
Refrigerators
Now let’s take a look at another product and discuss what it has in store for you. Let’s compare the same and see..
Types/Brands:Samsung RF28K9380SG
Pre GST:₹ 2.65 lakh
Post GST:₹ 2.78 lakh
Net Difference:4.90% increase
Types/Brands:LG GR-D35FBGHL
Pre GST:₹ 3.35 lakh
Post GST:₹ 3.51 lakh
Net Difference:4.77% increase
Types/Brands:Whirlpool Fp 263D Royal Frost-free Double-door Refrigerator (240 Ltrs)
Pre GST:₹ 28,925
Post GST:₹ 30,371
Net Difference:4.99% increase
Air Conditioners
Talking about air conditioners, pre- GST the tax levied on them was 23%, which has now increased to 28% . Let’s just get more clarity on the same in the article below.
Type/Brand:Blue Star 1 Ton 5 Star Split Air Conditioner
Pre GST:₹ 39,000
Post GST:₹40,950
Difference: 5% increase
Type/Brand:Voltas All Weather Air Conditioner
Pre GST:₹ 40,490
Post GST:₹ 42,515
Difference: 5% increase
Type/Brand:Hitachi 1.5 Ton 5 Star Window Air Conditioner
Pre GST:₹ 28,485
Post GST:₹ 29,909
Difference: 5% increase
Hope this article on GST rate list will give you enough insights on home appliances. Come back for more later!
