The 48th Goods and Services Tax (GST) Council meeting chaired by the Finance Minister Nirmala Seetharaman held on 17th December 2022 via virtual mode in New Delhi made proposals on tax reduction into certain goods. Husk of pulses (the outer layer of the grains which including chilka and concentrates including chuni/churi, khanda, and Ethanol sent to refineries for blending with motor spirit (petrol) are the two categories of goods where the tax rates are decreased, said the Revenue Secretary.
Source Taxscan
Latest Posts in "India"
- High Court Clarifies GST Treatment of Corporate Guarantees Without Consideration
- West Bengal AAR Rejects Hotel ITC Advance Ruling Over Pending GST Proceedings
- IMS vs Purchase Register: GST Reconciliation Guide
- Rajasthan AAAR: Compostable Bags Taxable at 5% Only if Biodegradable
- Tamil Nadu AAR: GST on Foreign Director’s Commission, Export Agents Exempt, C&F Taxable














