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GST Council cuts tax slab for 178 items from 28% to 18%

IANS  |  Guwahati 

Minister on Friday announced that the Goods and Services (GST) Council has decided to slash slabs for 178 items from 28 per cent to 18 per cent.

"The Council has decided to slash slabs of 178 items from 28 per cent to 18 per cent. It will be applicable from 15th of this month," the Minister said while briefing media here after the two-day long meeting.

For two items, slab has been lowered from 28 per cent to 12 per cent.

He also said the Council had been looking at the 28 per cent slab and constantly rationalising items in it in lesser slabs.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 10 2017. 19:34 IST
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