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What Is GST and How Does It Affect You?

The Goods and Services Tax replaced 17 different taxes in 2017. This guide explains how it works, what you pay on common purchases, and how to check if a business is overcharging you.

AM

Arjun Menon

Economy Reporter

8 min read1.2L readsMay 1, 2026
GSTTaxationEconomyConsumer Rights

GST — Goods and Services Tax — is a single indirect tax that replaced 17 central and state taxes including VAT, Central Excise, Service Tax, and Octroi when it was introduced on July 1, 2017. Instead of a tax-on-tax cascade at every stage of production, GST levies tax only on the value added at each step. You, the final consumer, bear the full tax; businesses in the supply chain only pass it forward.

Important: GST is on every purchase

Whether you buy a packet of biscuits, book a flight, or pay a restaurant bill — GST is embedded in the price. Learning the slab rates lets you instantly spot when you're being overcharged.

The Four Tax Slabs

GST Slabs — What You Pay on Common Items

  • 0%: Rice, wheat, fresh vegetables, milk, eggs, books, newspapers, health services
  • 5%: Packaged food (atta, dal, spices), transport, economy air travel, life-saving medicines
  • 12%: Processed foods, mobile phones, computers, business class air travel
  • 18%: Most manufactured goods, restaurant food, financial services, telecom
  • 28%: Luxury goods (cars, tobacco, aerated drinks, casino and online gaming)

CGST, SGST, IGST — What These Mean on Your Bill

Within-state vs Cross-state Purchases

Local purchase (CGST + SGST)
Online / inter-state (IGST)
Who collects
Centre + your state
Centre only
How it's split
50% Centre, 50% State
100% Centre, then to destination state
Your bill shows
Two lines: CGST & SGST
One line: IGST
Total tax rate
Same as applicable slab
Same as applicable slab
Tip: How to check if you're overcharged

Every GST-registered business must show its GSTIN on the bill. You can verify it at gst.gov.in → Search Taxpayer. If a restaurant bills you 18% GST but has turnover under ₹1.5 crore, they should charge 5% under the composition scheme. Overshoot? Call GST helpline 1800-1200-232.

₹19.6L Cr

GST collected FY26

17

Taxes replaced

1.5Cr+

Registered businesses

July 1, 2017

Launch date

Check Your Understanding

If you buy a mobile phone online from a seller in another state, which type of GST will appear on your invoice?

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AM

Arjun Menon

Economy Reporter

12 articles published