GST cut will come into effect from 22 September, know this important thing before purchasing old goods

Gst new rules: Recently, there has been a change on the slab of GST by the government. This decision will directly affect both customers and vendors. There will be a change in the tax slab in the new rules to be implemented from 22 September. Therefore, the purchase and sale of old stock will not be the same. Many shopkeepers have stored goods for a year.

And he is thinking that the same cheap goods will be easily sold during the sale. But new rates will also affect billing. Therefore, it is important for customers to keep some things in mind by shopping. So that they do not have to pay extra charge after purchases. Let us tell you what to take care of before buying old items.

Keep these things in mind before buying old goods

If you are going to buy old stock goods after 22 September. So it will be beneficial for you to pay attention to some important things. First of all, understand that the shopkeepers are selling old stock. But the billing will always be according to the new GST rules. That is, if the tax slab has changed. So you have to pay accordingly.

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Many times, customers assume that old goods will be found at a low price. Whereas the bill is not as cheap due to tax rates. In such a situation, it would be better that you get clear tax and final rate information from the shopkeeper before shopping. With this you will not have to pay the extra charge nor will there be any problem after purchases.

This change has happened in the rules

There were a total of 5 slabs in the GST system. Of which 0%, 5%, 12%, 18%and 28%. But now the government has made changes and has reduced them to 3 main slabs. Under the new rule, many items have been removed from 12% and 18% slabs to 18% and 28% slabs. This will directly affect those things that people usually take in everyday shopping.

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Especially electronic items, readymade clothes, furniture, and some home appliances will now become expensive now. At the same time, customers will also get some relief in the price of items which have been kept in the lower slab. The impact of this change is going to be seen directly on the sale of shopkeepers and the pockets of customers.

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