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Majority of items with 28% GST likely to see rate revision: Sushil Modi

DNA Wednesday, 8 November 2017 ()
Majority of items with 28% GST likely to see rate revision: Sushil ModiBihar Deputy Chief Minister Sushil Kumar Modi, who is also a member of the GST council, today said tax rates on 80% items of top 28% slab are likely to be slashed at the council's meeting starting on Thursday. 

"Tax rates on 80% of 227 items falling in top slab is likely to be reduced from 28% to 18% in the next GST council...
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Source: nnis News English - < > Embed

News video: GST Council Cuts Tax Rates On 178 Items, Applicable From 15th Nov

GST Council Cuts Tax Rates On 178 Items, Applicable From 15th Nov 03:25

The GST Council meeting in Guwahati on decided to knock 178 off the 28 percent rate bracket and put them in the 18 percent bracket and put another 33 into lower tax brackets than they were original. In just five days from now, as many as 178 items from cosmetics to detergents to granite and marble...

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