GST News : There is an important meeting of the Group of Ministers on GST Rates Review on 20 October. In this meeting, GST rates of about 100 items will be reviewed. It is known that there are 11 state members in the Group of Ministers (GoM), while the convener of the group is Bihar Deputy Chief Minister Samrat Chaudhary. Know ahead what things can become expensive.

All these things can become expensive - GST can be increased on some white goods including hair dryers and cosmetics products. White goods include many things including fridge, washing machine, AC, dishwasher, microwave, oven and water heater.

It is known that West Bengal Finance Minister Chandrima Banerjee has demanded to consider increasing GST on some white goods including hair dryers and cosmetics products. At the same time, there has also been a demand to reconsider the rates of white goods items which were reduced in the year 2018 to increase revenue.

Decision on car's fancy number plate is also possible - Apart from this, a decision can also be taken on car's fancy number plate. GST can be levied on the auction of car's fancy number plate.

It is noteworthy that the total GST collection has increased by 6.5% to Rs 1.73 lakh crore in September 2024. The GST collection in the month of August was Rs 1.75 lakh crore. In the month of July, Rs 1.82 lakh crore came into the government treasury in the form of GST.