Common man items to get cheaper under GST; cars, consumer durables to attract 28% tax

The goods and services tax (GST), which is set to be rolled out on July 1, is likely to have a benign effect on household budgets with finance minister Arun Jaitley declaring that its impact "will not be inflationary" and in some instances, prices are even likely to drop. A host of daily consumption items such as milk, fruit and vegetables, jaggery or gur, foodgrain and cereals have been exempted…