जीसटी —सविस्तर माहितीसाठी इकॉनॉमिक टाइम्स मधील बातमी वाचावी.

India’s final goods and services tax design has four rates for goods and services, plus cesses, but excludes petroleum, electricity, real estate (except in the case of brave Jammu and Kashmir) and alcohol. It was logical to fix the rates — 5 per cent, 12 per cent, 18 per cent and 28 per cent — on services in sync with goods. That most goods and services will attract the standard 18 per cent GST is welcome.
The sale of, say, a car would attract the same rate as leasing a car, and this makes sense. The exempt goods include primary produce such as cereals and milk. However, status quo has been maintained on most exempt services that include education and healthcare.
The case to expand the net and minimise exemptions is compelling, given that services contribute to a lion’s share of the economy, but service tax revenues now account for just 1.6 per cent of GDP.
The same rate of tax on all goods under a six-digit harmonised system of nomenclature (HSN) code will reduce category confusion and disputes. All cars, for example, will attract 28 per cent rate, with a varying cess component that would not be eligible for input tax credit.

via Even after fixing rates, much remains to be done by the GST council