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GST hits Christmas decoration items sales


GST hits Christmas decoration items sales

Coimbatore, Dec 23 (ANI): The 18 percent Goods and Service Tax (GST) on Christmas decorative items affected the products sale this year. Generally, Christmas sales begin by the end of November, but this year, the business is yet to gain momentum.

Though sale of stars, decorative items and cakes has started picking up in big shopping malls, the usual shopping frenzy is absent. The GST rate on stars, decorative items, cake and other products is 18 per cent.

It was just 5 per cent earlier.

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