GST rates so notified are lower than the pre-GST tax incidence on most of the items of mass consumption such as cereals, pulses, milk, tea, vegetable edible oils, sugar, toothpaste, hair oil, soap, footwear, Childrens' picture, drawing or colouring books, etc

GST rates so notified are lower than the pre-GST tax incidence on most of the items of mass consumption such as cereals, pulses, milk, tea, vegetable edible oils, sugar, toothpaste, hair oil, soap, footwear, Childrens' picture, drawing or colouring books, etc https://www.taxtmi.com/news?id=18420 Notified GST rates were fixed after considering pre GST indirect tax incidence and are lower than pre GST incidence for many everyday consumer goods. Suppliers below the registration threshold by aggregate turnover are not required to register, and eligible registered persons below the prescribed turnover limit in the preceding year may opt for the composition scheme, with different thresholds for general and special category States and specified exceptions. en-us Tue, 18 Jul 2017 18:04:16 +0530 Tue, 18 Jul 2017 18:04:16 +0530 TaxTMI RSS Generator GST rates so notified are lower than the pre-GST tax incidence on most of the items of mass consumption such as cereals, pulses, milk, tea, vegetable edible oils, sugar, toothpaste, hair oil, soap, footwear, Childrens' picture, drawing or colouring books, etc https://www.taxtmi.com/news?id=18420 Notified GST rates were fixed after considering pre GST indirect tax incidence and are lower than pre GST incidence for many everyday consumer goods. Suppliers below the registration threshold by aggregate turnover are not required to register, and eligible registered persons below the prescribed turnover limit in the preceding year may opt for the composition scheme, with different thresholds for general and special category States and specified exceptions. News - Tue, 18 Jul 2017 18:04:16 +0530 https://www.taxtmi.com/news?id=18420