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Tag: GST Rate

80 Items are on GST Exemption List

While the whole exemption list has been finalized as now, it is learned that about 80 items would form part of exemption list (i.e....

Under GST around 80 items likely in Excemption list

Around 80 items are likely to be in Excemption list under the proposed Goods and Service Tax (GST). including grains, green coconut, poha, unprocessed green...

Government Plans GST Bill as a Money Bill – GST News

The Government plans to bring the GST bills as money bills, But Congress's neglects and demanding this as a Financial bills, Sources said. If the introduction...

GST: Aerated Drink Makers Fume at Being Put in Demerit List

Indian Beverage Association has expressed disappointment at the re-categorisation of aerated drinks under 'demerit' category in the GST rate slabs, saying at Rs 10...

Hotel Industry Warns Tourism To Suffer At 18% GST On Rooms

"According to estimates, a GST rate of 5 per cent will more than double both foreign travel coming to India to 20 million tourists...

GST Council meet: Tax tobacco at 40%; proposed 26% will only incentivise the ‘factory of death’

The GST Council's proposal on 20 October 2016 for 26 percent GST rate on tobacco will be seriously injurious to health. Fixation of sin...

Edible oil tax slab may be revenue-neutral

Edible oil is in the essential commodity category, which attracts the lowest GST rate of 5% The tax slab for the edible oil sector under...

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