The forthcoming meeting of the Goods and Services Tax (GST) Council is set to reduce the tax rate on certain food items like papad and kachri, even as a hike of the compensation cess on some vehicles is on the cards. At present, the tax on non-fried snacks like papads and kachris, is levied at 18 per cent. The proposal is to remove it altogether or fix it at 5 percent.
Source a2ztaxcorp
Latest Posts in "India"
- FM Sitharaman Confirms GST Rate Cut Implementation on September 22, 2025
- Government Reduces GST Across Sectors, Prices to Drop from September 22, Boosting Consumer Demand
- GST Council Proposes Major Tax Reforms: Simplified Rates, Exemptions, and Reductions
- India’s GST Council Recommends Tax Exemptions, Simplified Structure, and Rate Reductions Effective September 22
- Nirmala Sitharaman Explains GST Reforms Using Popcorn Example to Highlight Classification Challenges
