Pages

Total Pageviews

Sunday, July 22, 2018

Goods and Services Tax (GST ) - Now, 35 goods remain in highest tax slab of GST Saturday July 21,2018

The GST Counci has pruned the 28% slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including AC, digital camera, video recorders, dishwashing machine and automobiles, in the highest tax bracket.

There were around 226 goods in the 28% category when goods and services tax (GST) was implemented on 1 July, 2017.

Over the last one year, the GST Council, chaired by union finance minister and comprising state ministers, has slashed rates in 191 items.

No comments:

Post a Comment