The biggest good news for those who buy AC, fridge, washing machine! Chance to save thousands of rupees

Are you thinking of buying a new AC, fridge or washing machine in this festive season? If yes, stop a little! The government is preparing to take such a big step, which can save you a direct savings of thousands of rupees.

A big change in the GST system of the country is heard, which is being heard ‘GST 2.0’ Is being named The biggest benefit of this is going to be given to the common man, because it can reduce the price of home appliances.

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Currently, many important things like Air Conditioner (AC), dishwasher, fridge and washing machine are attached to a huge GST of 28%. This is the same tax slab that cigarettes and luxury cars. The government is now considering ending this slab or changing it.

The GST Council plans to make the tax system easier and reduce slabs. If these items are removed by removing 28% slabs in a slab of 18%, then the price will have a huge impact.

How many thousand rupees will be left in your pocket?

Let’s make a simple account of this:

• On Air Conditioner (AC):
  • Suppose, you are buying an AC, which is currently worth about ₹ 45,000.
  • If the GST decreases from 28% to 18%, the cost of the same AC will be around ₹ 40,500.
  • That is, you will benefit directly ₹ 4,500!
• On dishwasher:
  • Similarly, if you buy a ₹ 80,000 dishwasher, then you can have a direct savings of up to ₹ 8,000 if GST is reduced.

Apart from AC and dishwasher, there will be a similar decline in the prices of fridge, washing machine and many other electronic items.

Why is the government making this change?

The government is to make GST easier and reduce tax burden on people. Currently there are many tax slabs such as 5%, 12%, 18% and 28%, which are quite confusing. In GST 2.0, these slabs may be reduced and kept only 3 slabs, which will make it easier to do and the general public will also get relief.

Although how long this change will be applicable, it is not clear yet, but the discussion on it is loud. Therefore, if you are thinking of buying a big home appliance, then a little waiting can prove to be a profitable deal for you!