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GST tax rates News

10 Aug 2018

Consumers may get election bonanza as GST council may reduce slabs

The finance ministry is in favour of merging the two slabs of 12 percent and 18 percent.

05 Nov 2017

GST Council may consider slashing of tax rates on common use goods

Under GST various goods and services have been bracketed in 5, 12, 18 and 28 percent.

18 May 2017

GST Council finalises tax rates on 80-90% goods, services

The GST Council on Thursday finalised tax rates on 80-90 percent of goods and services under the four-slab structure with essential items of daily use being kept in the lowest bracket of 5 percent.

03 Nov 2016

GST tax rates: Walmart calls it progressive, cola makers turn cautious

Retail major Walmart today welcomed the four-tier tax structure for GST, but aerated drink makers like PepsiCo and Coca Cola were guarded in their response, saying they will wait for the details to emerge.

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