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GST slashed on 29 items, 54 services; return filing to be simpler

The changes will be effective from January 25; 15 states to start intra-state e-way bill from February 1

BS Web Team & Agencies  |  New Delhi 

The GST Council will cut rates on some products and services under the goods and services tax (GST), the finance minister said on Thursday, in a bid to encourage greater compliance as revenues have dipped since the landmark reform was announced in July. The panel, headed by Finance Minister Arun Jaitley and comprising representatives of all states, at its 25th meeting today decided to reduce tax rate on 29 items and 54 categories of services with effect from January 25. The Council veered around the idea of making the GST return filing process simpler to ease compliance ...

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GST slashed on 29 items, 54 services; return filing to be simpler

GST Council decided to raise rates on cigarette filter rods from 12% to 18%.

GST slashed on 29 items, 54 services; return filing to be simpler

Click here to read the complete list of revised items

GST slashed on 29 items, 54 services; return filing to be simpler

GST Council cuts tax rate on domestic LPG by private companies to 5% from 18% earlier.

GST slashed on 29 items, 54 services; return filing to be simpler

GST Council cuts cess on vehicles for ambulance to 0% from 15% earlier.

GST slashed on 29 items, 54 services; return filing to be simpler

GST Council cuts tax rate on mining, drilling of natural gas to 12%

GST slashed on 29 items, 54 services; return filing to be simpler

GST Council cuts tax rate on velvet fabric to 5% from 12% earlier.

GST slashed on 29 items, 54 services; return filing to be simpler

GST Council cuts tax rate on drip irrigation system, mechanical sprayer to 12% from 18%.

GST slashed on 29 items, 54 services; return filing to be simpler

Council cuts GST on mehendi cones to 5% from 18% earlier

GST slashed on 29 items, 54 services; return filing to be simpler

GST Council cuts rates on sugar boiled confectionery to 12% from 18% earlier.  

GST slashed on 29 items, 54 services; return filing to be simpler

GST Council cuts tax rate on bio-diesel to 12% from 18% earlier.

GST slashed on 29 items, 54 services; return filing to be simpler

GST Council cuts tax rate on drinking water packed In 20 litres bottles to 12% from 18%.

First Published: Thu, January 18 2018. 21:29 IST
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GST slashed on 29 items, 54 services; return filing to be simpler

The changes will be effective from January 25; 15 states to start intra-state e-way bill from February 1

The GST Council will cut rates on some products and services under the goods and services tax (GST), the finance minister said on Thursday, in a bid to encourage greater compliance as revenues have dipped since the landmark reform was announced in July. The panel, headed by Finance Minister Arun Jaitley and comprising representatives of all states, at its 25th meeting today decided to reduce tax rate on 29 items and 54 categories of services with effect from January 25. The Council veered around the idea of making the GST return filing process simpler to ease compliance ...

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