<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>RECOMMENDATIONS REGARDING THE COMPOSITION LEVY AND GST RATE ON CERTAIN GOODS [As per discussions in the 17th GST Council Meeting held on 18th June, 2017]</title>
    <link>https://www.taxtmi.com/news?id=18212</link>
    <description>The recommendations set differentiated Composition Levy turnover thresholds for CGST and SGST-retaining a lower threshold for listed Special Category States, a higher threshold for Uttarakhand, and deferring the decision for Jammu &amp; Kashmir-and identify manufacturers of ice cream and other edible ice, pan masala, and tobacco and manufactured tobacco substitutes as ineligible for the composition scheme; additionally, a GST rate of 5% on dried singhada and makhana is recommended.</description>
    <language>en-us</language>
    <pubDate>Mon, 19 Jun 2017 07:13:49 +0530</pubDate>
    <lastBuildDate>Mon, 19 Jun 2017 09:45:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=473478" rel="self" type="application/rss+xml"/>
    <item>
      <title>RECOMMENDATIONS REGARDING THE COMPOSITION LEVY AND GST RATE ON CERTAIN GOODS [As per discussions in the 17th GST Council Meeting held on 18th June, 2017]</title>
      <link>https://www.taxtmi.com/news?id=18212</link>
      <description>The recommendations set differentiated Composition Levy turnover thresholds for CGST and SGST-retaining a lower threshold for listed Special Category States, a higher threshold for Uttarakhand, and deferring the decision for Jammu &amp; Kashmir-and identify manufacturers of ice cream and other edible ice, pan masala, and tobacco and manufactured tobacco substitutes as ineligible for the composition scheme; additionally, a GST rate of 5% on dried singhada and makhana is recommended.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Mon, 19 Jun 2017 07:13:49 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=18212</guid>
    </item>
  </channel>
</rss>