<?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>Clarification on issue of GST rate on alcohol based hand sanitizers</title>
    <link>https://www.taxtmi.com/news?id=22964</link>
    <description>Alcohol-based hand sanitizers are subject to the standard GST rate, with inputs and input services also taxed at that rate. The GST Council determines rates, and reducing the rate on sanitizers would create an inverted duty structure that disadvantages domestic manufacturers vis-a -vis importers, undermines domestic competitiveness and self-reliance, and would not necessarily benefit consumers.</description>
    <language>en-us</language>
    <pubDate>Wed, 15 Jul 2020 17:05:14 +0530</pubDate>
    <lastBuildDate>Wed, 15 Jul 2020 17:05:14 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=617487" rel="self" type="application/rss+xml"/>
    <item>
      <title>Clarification on issue of GST rate on alcohol based hand sanitizers</title>
      <link>https://www.taxtmi.com/news?id=22964</link>
      <description>Alcohol-based hand sanitizers are subject to the standard GST rate, with inputs and input services also taxed at that rate. The GST Council determines rates, and reducing the rate on sanitizers would create an inverted duty structure that disadvantages domestic manufacturers vis-a -vis importers, undermines domestic competitiveness and self-reliance, and would not necessarily benefit consumers.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Wed, 15 Jul 2020 17:05:14 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=22964</guid>
    </item>
  </channel>
</rss>