Jithin91
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Only 50 items to stay in 28% GST tax bracket. Currently there are 277 items in the highest slab. Tax rate on 13 items reduced from 18 pc to 12 pc; on 5 it has been cut to 5 pc from 18 pc; rate on 6 items lowered to zero from 5 pc, says FM. GST Council cut rate for restaurants to 5% without ITC (outside of 5 stars)
GST Council cuts taxes on about 175 items from 28%, only 50 luxury and 'sin' goods like tobacco to remain in highest slab. The tax cuts will have a revenue implication of about Rs 20,000 crore..
See Post# 14 for full details..
GST Council cuts taxes on about 175 items from 28%, only 50 luxury and 'sin' goods like tobacco to remain in highest slab
GST Council cuts taxes on about 175 items from 28%, only 50 luxury and 'sin' goods like tobacco to remain in highest slab. The tax cuts will have a revenue implication of about Rs 20,000 crore..
See Post# 14 for full details..
GST Council cuts taxes on about 175 items from 28%, only 50 luxury and 'sin' goods like tobacco to remain in highest slab
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