Government exempts sanitary napkins, rakhi from GST
New Delhi, July 21 (IBNS): Responding to the protests of women groups and consumer activists, the central government on Saturday announced an exemption of sanitary napkins from the Goods and Services Tax (GST). Rakhi is also exempted from the GST.
Interim Finance Minister Piyush Goyal told media that though the revenue foregone will be marginal, it is expected that the step will generate more business and employment.
Sanitary napkins were earlier taxed at 12%.
Apart from the exemptions, the minister also announced cuts in GST rates on several other items.
देश को GST के रूप में à¤à¤• सरल, सà¥à¤—म और पà¥à¤°à¤à¤¾à¤µà¥€ टैकà¥à¤¸ सिसà¥à¤Ÿà¤® मिला है, आज GST काउंसिल की 28वीं मीटिंग में नागरिकों के हित में अनेकों निरà¥à¤£à¤¯ लिये गये, उन सà¤à¥€ निरà¥à¤£à¤¯à¥‹à¤‚ की जानकारी देते हà¥à¤ आज संवाददाता समà¥à¤®à¥‡à¤²à¤¨ को संबोधित किया। #GoodandSimpleGSThttps://t.co/iLASwBB4zJ pic.twitter.com/KGZhY45xkC
— Piyush Goyal (@PiyushGoyal) July 21, 2018
The rates have been cut on footwear, small televisions, water heater, electric ironing machines, refrigerators, lithium ion batteries, hair dryers, vacuum cleaners, food appliances and ethanol.
GST on items like paints, refrigerators, washing machines, vacuum cleaners, storage water heaters, TVs (up to 68 cm) was reduced from 28% to 18%.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
