GST SHAKE UP, WHAT HYDERABADIS THINK

The Union Government's new GST regime and its reclassified structure has brought smiles to some and discontent to many. Hema Singuluri finds out ...

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With the Union Government's major Goods and Service Tax (GST) overhaul happening this week, the change is already weighing its impact in Hyderabad.

The new GST regime and its reclassified slab structure is bringing out varied responses from business owners to public about tax revenue and fairness in GST implementation. Electronics, automobiles and essentials are now cheaper and see a tax relief while the other premium categories and tobacco, alcohol attract high prices.

John, a young IT professional in Hyderabad shared his experience emphasizing on the daily life effects of the new GST structure. His frustration deepened when he visited the movies where the salted popcorn cost Rs 300, but the caramel popcorn was Rs 500 with 18% GST indicated as "Luxury Refreshments" also highlighting the hike on cigarettes and alcohol. John also spent Rs.11,000 last month for groceries at Metro Cash and Carry, only to see GST adding another 18% pushing the bill to Rs.13,500. "Though the difference is Rs 2000, for a person with average monthly income it is a huge effect," he groaned John.