Friday, July 7, 2017

About my single Bill, with all percentages of GST!

A new Super Market – Ratnadeep, has opened on our street on 5th July ’17 that is two days back. To evaluate this Branch of Hyderabad’s popular Super Market chain and make some purchases I was there with my wife on 5th evening, the day of its opening. Due to heavy rush; we bought just a few items, mostly vegetables, on which there is no Goods and Services Tax (GST). We ended up paying GST for just two items, at 18%. To understand GST rates on household items, I decided to save Bills of purchases during next few weeks and study them.
Today, 7th July we were at Ratnadeep once again and bought items as listed in above Bill. On scrutiny I saw that these purchases attracted all categories of GST, at 5%, 12%, 18% and 28% (!)…5% on Rs. 140.00, 12% on Rs. 376.64, 18% on Rs. 339.00 and 28% on Rs. 250.00. Now it has become a sort of quiz for me to find out from the Bill what item has attracted what percentage of GST.
Since we have to anyway pay GST, we may simply shop for our requirements and stop looking into GST, CGST and SGST and leave those details and responsibility to the seller.
However for curiosity and knowledge about GST one may have to do some study, and to help you in this regard here is a link to an exhaustive list, for GST Rates for over 1,300 Goods and Services:

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