The GST Council, in its 56th meeting, increased the Goods and Services Tax (GST) on all goods containing added sugar, other sweetening matter, or flavouring, including aerated waters. The tax rate has been revised from 28% to 40%.
As per the new GST framework, approved by the Nirmala Sitharaman-led panel, most goods and services have now been brought under two main tax slabs- 5% and 18%. Sin goods attract the highest 40% rate.
As per the new GST framework, approved by the Nirmala Sitharaman-led panel, most goods and services have now been brought under two main tax slabs- 5% and 18%. Sin goods attract the highest 40% rate.
You may also like
Bihar: Teacher served notice after clash with BJP workers during state-wide bandh
John McEnroe makes Novak Djokovic retirement prediction after worrying admission
Kartik Aaryan says 'Miss you' as he bids adieu to Bappa post visarjan
Remarkable way Trent Alexander-Arnold learned about Real Madrid transfer from Liverpool revealed
Forest department rules out leopard presence on campus after verification: JNU
