Govt reduces GST rates on 27 goods newsreporter.in

Govt reduces GST rates on 27 goods

Offering relief to small and medium enterprises (SMEs) and exporters from the rigours of complying with the technology-oriented goods and services tax (GST), the federal indirect tax body, GST Council, on Friday announced a series of rule changes.

The Council also lowered tax rates on 27 products and a few services and asked a panel of state ministers to examine if the 18% GST on air-conditioned restaurants could be lowered, finance minister Arun Jaitley said after the meeting.

2017-10-06 23:54:40 by Kurt Sherwood

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