Goods and Service Tax (GST) is going to be rolled out in India after few days, The GST Council again changed the rates for 66 items which are mostly presented by the MSME (Micro, Small and Medium Enterprises) sector. The Council cut the rates on 66 items such as notebooks, printers, cutlery, agarbattis and cinema tickets, pickles, sauces, fruit preserves, insulin, cashew nuts, insulin, school bags, coloring books, and much more. "After considering recommendations of fitment committee, rates are being reduced in the case of 66 items," Finance Minister Arun Jaitley, who is also the chairman of the GST Council, told reporters. Here is the list of items with revised rates To view the full details about GST and know more about it, please download GST app for android from play store.
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July 2017
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