GST 2.0, From 22 September across the country GST 2.0 Is going to be implemented. The direct benefit of this major change will be seen on the pockets of the common people. Now only 5 percent on service like salon, gym, spa and yoga class GST Will take These without input tax credit (ITC) Will be That is, first where 18% on these service GST Had to pay, now your membership and bills will become cheap due to low tax.
How will prices be cheap
For example, if the monthly charge of your gym is Rs 1,000, then first GST It used to cost Rs 1,180 after it was installed. Now the same charge in the new system Declined 1,050 Rupee yes Will go, This Kind 500 Rupee Of Salon Service But First 590 Rupee Expenditure Having Were, But Now Only 525 Rupee Give Will be,
Why Did Went it shift
This change will provide relief to common customers as their everyday fitness and beauty services will now become economical. At the same time, traders will also get an easy tax system. The government says that this is a historic Diwali gift, which will not only reduce inflation but will also promote consumption and economic activities. That is, the burden on your pocket from 22 September will be And enjoy the service and easy.