Previously we wrote about the complete list of GST rates for Goods and Services that was finalized by the GST council last week in Srinagar. The Council has broadly approved the GST rates for goods and services at nil rate, 5%, 12%, 18% and 28%. Today we will dive deep into the GST impact on […]
The GST Council has decided the GST rates for services and with this GST is one step closer to being rolled out on 1st July 17. The Finance Minister of India, Mr. Arun Jaitley, who is also the chairman of the GST council, said that the next council meeting will be held on June 3rd.
The Goods and Services Tax has taken the entire nation by storm. It’s been the government’s most ambitious attempt at reforming the indirect tax policies into one universal taxation. This national tax is projected to create a common market for 1.3 billion people. The 14th GST Council meeting was held yesterday at Srinagar, Jammu & […]