Punjab Newsline, Chandigarh–
Haryana Development and Panchayat Minister, Krishan Lal Panwar, today visited various business establishments in Charkhi Dadri city to discuss the new GST rates with traders. He also interacted with customers and congratulated them on the reduction in prices due to the revised GST rates.
Earlier, while interacting with the media, Panwar said that under the leadership of PM Narendra Modi, a historic decision has been taken to reduce GST rates. This move will primarily benefit the country’s poor and middle-class citizens. This change has not only reduced the prices of daily-use commodities, but has also reduced the prices of small appliances and vehicles. Those who had already booked vehicles are now receiving them at reduced prices, for which people have expressed gratitude to PM.
He further said that under the new system, GST slabs have been simplified, with certain essential items now placed under the 0 percent category, making them completely tax-free. Besides this, two main GST slabs of 5 percent and 18 percent have been created, while the earlier 12 percent and 28 percent slabs have been completely abolished, he added.
The Minister said that many daily-use goods and services have been exempted entirely from GST. These include milk, personal life and health insurance policies, primary stationery items, notebooks, maps, charts, and life-saving medicines. Consumers will now not have to pay any tax on these items.