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How will TV, AC and refrigerator prices change under GST?
short by Mansha Mahajan / on Friday, 19 May, 2017
Prices of televisions, refrigerators, and air-conditioners are set to go up by 4%-5% from July after the GST Council proposed the peak rate of 28% on consumer electronics and durables. This is against the current tax rate which is around 24%. Further, all capital goods and industrial intermediaries will attract an 18% tax rate.
read more at Business Today