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GST Council extends concessional rate on COVID medicines till Dec 31: Nirmala Sitharaman

GST Council extends concessional rate on COVID medicines till Dec 31: Nirmala Sitharaman

New Delhi/IBNS:  Union Finance Minister Nirmala Sitharaman on Friday announced that the GST Council has decided to extend the reduced rates on medicines used for COVID-19 treatment till December 31, 2020. The previous deadline was September 30.

GST Council reduces tax rate on 177 items from 28 per cent to 18 per cent

GST Council reduces tax rate on 177 items from 28 per cent to 18 per cent

Guwahati, Nov 10 (IBNS): The Goods and Services Tax (GST) Council on Friday decided to reduce the tax rate on 177 items from 28 per cent to 18 per cent offering major relief to the consumers and businessmen.

Four different rates of GST taxes, no price push up : Arun Jatiley

Four different rates of GST taxes, no price push up : Arun Jatiley

New Delhi, May 19 (IBNS) : Union Finance Minister Arun Jatiley on Friday announced the Goods and Services Tax rates to be effective from July 1, while assuring that they will not push up prices.

Arun Jaitley chairs GST Council meeting, GST rates for goods and GST Compensation Cess approved

Arun Jaitley chairs GST Council meeting, GST rates for goods and GST Compensation Cess approved

New Delhi, May 19 (IBNS): The 14th Goods and Services Tax (GST) Council Meeting, chaired by Union Minister of Finance Arun Jaitley was held at Srinagar, Jammu and Kashmir on Thursday where GST rates for goods and GST Compensation Cess were approved.