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ITEMS TO BE COSTLIER & CHEAPER

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  1 March 2015 12:00 AM GMT

ITEMS TO BE COSTLIER

* Service tax rate increased to 14 percent and new services added to the taxable list like services provided by a mutual fund agent to a mutual fund or assets magement company, distributor to a mutual fund or asset magement company and selling or marketing agent of lottery ticket to a distributor.

* Aerated water, iced tea, lemode and other beverages, waters, including mineral water and aerated water, containing added sugar or other sweetening matter or flavour.

* Condensed milk in containers

* Peanut butter

* Sacks and bags (including cones) of plastics

* Cut tobacco, cigarettes

* Cement

* Gems, jewellery and gold

* Imported completely built units of commercial vehicles


ITEMS TO BE CHEAPER

* Bituminous coal, ulexite ore, liquefied butane, ethylene dichloride, vinyl chloride monomer and styrene monomer, butyl acrylate, anthraquinone

* Solar water heater system, wind power generators,

* Wafers for manufacture of integrated circuit (IC) modules for smart cards LED drivers and MCPCB for LED lights, fixtures and lamps

* Agarbattis

* Pacemakers

* Tablet computers

* Ambulances

* Leather footwear priced over Rs.1,000 per pair

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