ALSO READDifferentiated tax in GST good for beverages sector: Coca-Cola Foodgrains, common-use products to get cheaper as GST Council decides service tax rate GST rate, monsoon key factors for auto sales growth: Toyota GST rates decided on 1,211 items, except gold GST rates will bring cheer to industry, say experts
The 14th Goods and Services Tax (GST) Council Meeting, chaired by the Union Minister of Finance Shri Arun Jaitley, was held at Srinagar, Jammu and Kashmir yesterday. The fitment of rates of goods were discussed during the Council meeting.
The Council has broadly approved the GST rates for goods at nil rate, 5%, 12%, 18% and 28% to be levied on certain goods. The Council has also broadly approved the rates of GST Compensation Cess to be levied on certain goods.
Powered by Capital Market - Live News