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Tax Rates Before And After GST

by BQ Desk Azman Usmani
t @bloombergquint t @azmanusmani

Updated on June 29, 2017, 11:34 pm

Published on May 19, 2017, 11:11 pm

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Rates for most items and services under the Goods and Services Tax have been finalised in the two-day meeting of the
GST Council that ended on Friday. While the rates on key daily use items like sugar, tea and hair oil have come down,
they have been increased for luxury and sin products. Eating out in a five-star restaurant will be taxed at the highest
bracket.

BloombergQuint, in collaboration with tax consultancy SKP Business Consulting LLP, breaks down how the rates
under GST compare with the current tax structure. The calculations took into account Maharashtra VAT, which
means existing rates may vary for other states. Heres the list...
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Toothpaste, Branded Cereals May Cost More
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Also Read: Come GST, Which Services Will Burn A Bigger Hole In Your Pocket?

Rates Up For Mobile Phones, Refrigerators

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Shampoos, Perfumes May Cost More


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Also Read: GST: Five-Star Hotels And Gold-Class Movie Experiences Get Pricier

Higher Rate On Electric Hot Plates

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Wallpaper, Paints In Highest Slab

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Fresh Milk, Vegetables Exempt

Also Read: GST Rates On Services: Telecom Industry Disappointed

No Tax On Condoms s

Lower Tax On Kerosene

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Plastic Products To Cost More

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Eating Out, Phone Calls Costlier

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CDSL Lists At A Premium Of 68%

by Krupali Thakkar

Updated on June 30, 2017, 11:18 am

Published on June 30, 2017, 10:08 am

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Asias first depository Central Depository Services (India) Ltd. listed at a premium of 68 percent on the National Stock
Exchange at Rs 250. The stock went on to gain as much as 80 percent, after listing. The company promoted by the
Bombay Stock Exchange is the eighth company to list at a premium in 2017. The shares had been issued at Rs 149
apiece in the initial public offering.

The IPO had received an overwhelming response from investors with the offer being subscribed 170 times, making it
the most subscribed maiden issue in over a decade.

The qualified institutional buyers (QIBs) portion was oversubscribed 149 times, non-institutional segment 563 times
and retail investors 23.8 times.

The offer was entirely an offer for sale of 3.5 crore shares with the BSE Ltd., State Bank of India, Bank of Baroda and
the Calcutta Stock Exchange selling shares.