Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
GST - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

GST Rate on Essential Goods Lowered to 18% to Ease Consumer Costs and Boost Economic Activity


GST Rate on Essential Goods Lowered to 18% to Ease Consumer Costs and Boost Economic Activity

November 10, 2017

News     GST

GST rate on mass consumption items cut to 18pc

View Source

 


 

You may also like:

  1. Rates of Tax on Goods - Schedule 3 - IGST @ 18% - CGST @ 9% - SGST / UTGST @ 9% - GST

  2. GST Rates - HSN Code - Khari and hard butters fall under heading 1905 and attract 18% GST

  3. GST Rates - HSN Code - Filters or Water Purifiers fall under heading 8421 and attract 18% GST.

  4. GST Rates - HSN Code - Kulfi is classifiable under heading 2105 and attracts 18% GST.

  5. Rejection of Refund claim - Inverted duty structure - Trading of goods - Purchase @18% of GST and supply @5% to Public Funded Research Institutes - The goods procured...

  6. This circular clarifies GST rates and classification for certain goods based on recommendations of the GST Council's 54th meeting. Key points: Extruded/expanded savoury...

  7. Zero Rate Tax - Supply of goods to SEZ - TN-VAT - Section 18 of the TNVAT Act, confers two benefits viz., Zero Rate i.e., sale on which no tax is payable but on which...

  8. This circular clarifies the scope of regularization on an "as is" or "as is, where is" basis mentioned in previous GST circulars issued based on GST Council...

  9. Classification of service - “Leasing service” against payment of Royalty - rate of GST - royalty for extraction of iron - till 31.12.2018 the rate of GST on the impugned...

  10. The transportation of coal (minerals) within a mining area, such as from the mining pit head or coal stockyard to the railway siding or beneficiation plant, for a...

  11. Classification of goods - masks and sanitizers - classified as ‘Essential Commodity’ under the Essential Commodity Act, 1955 or not - seeking reduction of rate of GST...

  12. Four-tier GST rate structure of 5, 12, 18, 28 percent has been announced by the GST Council in addition to zero rated goods

  13. Profiteering in GST rates for admission to cinema exhibitions. Despite a reduction in GST rates from 28% to 18%, the benefit was not passed on to consumers, and instead,...

  14. GST rates on supply of affordable and non-affordable residential apartments in a real estate project (REP) are 1.5% and 7.5% respectively, while commercial apartments...

  15. Rate of GST - supply to Nuclear Fuel Complex (NFC) - The activity of manufacture of fuel from NFC is leading to ultimate production and distribution of electricity which...

 

Quick Updates:Latest Updates