GST rate on 178 daily use items reduced, eating out gets cheaper
Friday, 10 November 2017 () As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent, while a uniform 5 per cent tax was prescribed for all restaurants, both air- conditioned and non-AC, Finance Minister Arun Jaitley said after the GST Council meeting.
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 all-powerful council pruned the list of items attracting the top 28 per cent tax rate to just 50 from 227 previously, Modi told reporters here. In effect,... IndiaTimes - SportsAlso reported by •Firstpost •India Today •Zee News
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