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GST making you anxious? Here is a fact-check on how new tax will impact you

The shelf prices of most commodities are likely to see a change over the next few weeks

Illustration: Binay Sinha
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Illustration: Binay Sinha

Pratik Jain
GST is finally here! It has caught the nation’s fancy, which is somewhat unprecedented for a change in the tax regime.
 
However, despite all the efforts made by the government to demystify GST, people continue to be anxious (and confused) about whether GST will be a game-changer for every household in India.  My aim is to give a thumbnail sketch of the potential after-effects of GST, and hopefully alleviate this anxiety or confusion a bit!

From consumers’ perspective, pricing will probably be the most important parameter for evaluating the success (or otherwise!) of this mega reform.  On this front, GST