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GST rate News
GST rate

New Year new GST rates: These 23 items turn cheaper from January 1, 2019
Tue, Jan 01, 2019
The GST Council on December 22 decided to cut tax rates on 23 goods and services, including movie tickets, TV and monitor screens and power banks and exempted frozen and preserved vegetables from the levy. Listen in
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GST likely to have 3-rate structure in future: Bibek Debroy
Sat, Oct 27, 2018
In his address at the launch here of "GST: Explained for Common Man" written by former Central Board of and Excise and Customs Chairman Sumit Dutt Majumder, the PMEAC Chairman noted that only very few countries that have implemented GST follow the principle of "dual GST" (Goods and Services Tax) whose "terminal role from an economists point of view is to have a single tax structure."
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EV drive: SIAM for 5% GST, IT deduction for individual buyers
Mon, Dec 25, 2017
In order to promote electric vehicles (EVs) in India, auto industry body SIAM has suggested reduction of GST on such automobiles to 5 per cent, besides one-time income tax deduction of 30 per cent of vehicle price for non-financed buyers.
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