GST Council cuts tax rate on 49 items; 29 handicraft products kept at 0%
In the 25th GST Council meeting on Thursday, tax rate cut on 49 items was recommended, including 0% on handicraft products. Uttarakhand Finance Minister Prakash Pant told reporters that tax rates on some agriculture products and some goods under the 12% and 18% were cut, while 29 handicraft products were brought under the 0% tax bracket. “The Fitment committee has approved relaxation on 29 handicrafts to 0%,” he said.
GST Council cuts tax rate on 49 items; 29 handicraft products kept at 0%
Reviewed by National Association of Postal Employees Group 'C' Purulia Division, Purulia- 723101
on
January 19, 2018
Rating: 5
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