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Tag: reduced GST

Leather exports body seeks GST reduction on footwear to 12%

GST rate on footwear worth up to Rs 1,000 was reduced to five percent, while those above this value still attract a GST rate...

Two wheeler firms seek GST reduction

Two wheeler companies are seeking a reduction in the GST slab to distinguish between an item of mass mobility and luxury goods. Auto bosses...

Boost for SMEs: Exemption limit for GST hiked to Rs 40 lakh from Rs 20 lakh

NEW DELHI: In a big boost to the small businesses, Union finance minister Arun Jaitley on Thursday said the GST Council has doubled the annual...

Why reduced GST will prove costly for budget homebuyers

HIGHLIGHTS  The plan to reduce 12% GST on housing to a 5% without extending the benefit of input tax credit to developers will increase...

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