GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods

GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods https://www.taxtmi.com/news?id=19048 GST rate reduction requires suppliers to apply a revised lower tax rate at point of sale for a listed group of tariff items, resulting in a corresponding reduction in price/MRP for affected consumer and industrial goods; the change covers broad product categories including electrical goods, building materials, furniture, personal care products, mechanical equipment, select food preparations, and various household and industrial articles. en-us Thu, 16 Nov 2017 10:06:20 +0530 Thu, 16 Nov 2017 10:06:20 +0530 TaxTMI RSS Generator GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods https://www.taxtmi.com/news?id=19048 GST rate reduction requires suppliers to apply a revised lower tax rate at point of sale for a listed group of tariff items, resulting in a corresponding reduction in price/MRP for affected consumer and industrial goods; the change covers broad product categories including electrical goods, building materials, furniture, personal care products, mechanical equipment, select food preparations, and various household and industrial articles. News - Thu, 16 Nov 2017 10:06:20 +0530 https://www.taxtmi.com/news?id=19048