Summary:
In a statement, the Commissioner said that under GST, the prices of most of the consumer goods, electrical and electronic goods and vehicles had come down. Under the GST regime, the tax paid on most of the goods will be lesser or equal to the tax paid on such goods in the pre-GST regime. However, the public had a perception that the levy of GST has increased the price of the goods and services. The levy of tax under GST on the goods from the point of manufacture till it reaches the consumer will be comparatively lower than the previous tax. Likewise, the prices of toothpaste, soap, detergent powder, plastic items, electronic and electrical goods have also come down..