Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>GST Council Cuts Rates: 28% Goods Reduced to 50 Items, Relief for Aviation, Handicrafts, Restaurants, and More.</h1> The GST Council, during its 23rd meeting on November 10, 2017, recommended significant changes to GST rates, providing relief across various sectors. The list of goods taxed at 28% was reduced from 224 to 50 items, with many goods seeing their rates lowered to 18%. The Council also proposed rate reductions for services, particularly benefiting aviation, handicrafts, and restaurants. Additionally, exemptions from IGST were recommended for specific imports, and clarifications were issued to address trade grievances. These changes aimed to simplify the GST structure, minimize classification disputes, and offer compliance relief to industries. Notifications implementing these recommendations were scheduled for mid-November 2017.