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Tax on medicines, some hospital equipment and other items needed in the fight against COVID-19 has been reduced by the Goods and Services Tax Council. The tax cut is based on recommendations by a Group of Ministers amid the pandemic. ....
The government needs to urgently resolve the confusion over the GST rate to be levied on oxygen concentrators imported for personal use, tax experts said on Saturday. While the import of such concentr ....
Industry body AIFPA pushes for lower GST rate on packaged snacks and foods In terms of value, foods contribute 57% to FMCG sales, according to Nielsen (HT) Share Via Read Full Story Food processors have asked for lower and equitable goods and service tax rates on packaged snacks such as potato chips and pickles ahead of the GST Council meeting next month. The industry has reiterated its request through the All India Food Processors’ Association (AIFPA), which represents large firms such as Haldiram’s, PepsiCo, Marico, Britannia, ITC and Bikanervala. TRENDING STORIESSee All 1 min read PAN-Aadhaar card linking deadline ends today. How to do it online ....
In an interview with The Economic Times, the finance minister said that the GST council would examine the recommendations of reducing four tax slabs to three.This ....