Consumer product makers hail GST Council's decision to lower tax rates on commonly used items
Saturday, 11 November 2017 () Consumer product makers, including Hindustan Unilever Limited and Patanjali, have hailed the GST Council's decision to lower tax rates on commonly used items and said the benefits will be passed on to customers.
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...
The GST Council today decided to reduce tax rate on a wide range of mass use items - from chewing gums to detergents -- to 18 per cent from current 28 per cent,... Deccan Herald - BusinessAlso reported by •All India Radio •Zee News
Items likely to see slash in tax rates are those used in every households, including sanitary ware, suitcase, wall paper, plywood, stationery articles, watch,... Zee News - BusinessAlso reported by •Firstpost •All India Radio
The GST Council reduced tax rates on over 200 items ranging from chewing gum and chocolates to beauty products and wigs and wrist watches to provide relief to... IndiaTimes - BusinessAlso reported by •Zee News •Firstpost