gst rate cut


Highlights: GST Council cuts rates on 23 items; movie tickets, TVs to become cheaper

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON DEC 22, 2018 08:34 PM IST

The 31st Goods and Service Tax (GST) council meeting began on Saturday in the national capital. The agenda for the meeting has not been made official yet. However. topics such as simplified returns, completely online refunds process are likely to be discussed in the meeting.“Market will closely track GST Council meet due Saturday, which is expected announce reduction of tax slabs for several items,” told Hemang Jani, Head - Advisory, Sharekhan by BNP Paribas to news agency PTI.A Twitter war between the BJP and Congress erupted on Friday after Prime Minister Modi on Tuesday indicated that the 28 per cent slab of GST will soon only be restricted to a few select commodities, such as luxury items.Below are the highlights:

Story Saved