The Central Government appeals to the Industry Leaders to pass on the benefit of GST Rate reduction to the consumers as it is expected to encourage domestic demand and investment among others

The Central Government appeals to the Industry Leaders to pass on the benefit of GST Rate reduction to the consumers as it is expected to encourage domestic demand and investment among others https://www.taxtmi.com/news?id=19073 The GST Council recommended downward revisions of rates across multiple headings effective as specified, and suppliers are expected to pass on the benefit of the GST rate reduction to consumers by commensurate price reductions. The CBEC chairperson has requested FMCG companies to immediately revise MRPs for affected products and widely publicise the revised MRPs to ensure transmission of the tax benefit. en-us Tue, 21 Nov 2017 09:44:34 +0530 Tue, 21 Nov 2017 09:45:00 +0530 TaxTMI RSS Generator The Central Government appeals to the Industry Leaders to pass on the benefit of GST Rate reduction to the consumers as it is expected to encourage domestic demand and investment among others https://www.taxtmi.com/news?id=19073 The GST Council recommended downward revisions of rates across multiple headings effective as specified, and suppliers are expected to pass on the benefit of the GST rate reduction to consumers by commensurate price reductions. The CBEC chairperson has requested FMCG companies to immediately revise MRPs for affected products and widely publicise the revised MRPs to ensure transmission of the tax benefit. News - Tue, 21 Nov 2017 09:44:34 +0530 https://www.taxtmi.com/news?id=19073