Articles under GST rate

Increased GST rate on Woven and Non-Woven Bags and sacks of polyethylene

Revised GST rate on Woven and Non-Woven Bags and sacks of polyethylene   The GST tariff rate on goods under HSN 3923/6305 have been increased as per GST council meet held on 18th December, 2019.  The details of increased GST rate on Woven and Non-Woven Bags and sacks of polyethylene is as follows:   Latest GST rate on Woven and Non-Woven Bags and sacks of polyethylene   HSN number: 3923/6305 GST rate on Woven and Non-Woven Bags and sacks of pol

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GST rate changes, 38th GST council meeting

38 th GST council meeting, GST rate changes   38 th GST Council meeting held on 18 th December, 2019 at New Delhi took following decisions relating to changes in GST rates, exemptions,   To exempt upfront amount payable for long term lease of industrial/ financial infrastructure plots by an entity having 20% or more ownership of Central or State Government. Presently, the exemption is available to an entity having 50% or more ownership of Central or State Government

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Increased GST rate on Lotteries

GST rate on lotteries   The 38th GST Council meeting in New Delhi on 18.12.2019 has casted a ballot to tax all lotteries under the highest slab of 28 per cent. This uniform GST rate for lotteries will be actualized the nation over. In its meeting chaired by Finance Minister Nirmala Sitharaman. To levy a single rate of GST @ 28% on both State run and State authorized lottery. This change shall become effective from 1 st March, 2020. Latest GST rate on lotteries under highest G

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Revised GST rate on job work services

GST on job work services    The GST rate on job work services  has been changed  as per GST council meeting  held on 20th September, 2019.  The details of revised GST rate on job work services is as follows:   Latest GST rate on job work services   Job work service:   To reduce rate of GST from 5% to 1.5% on supply of job work services in relation to diamonds.     To reduce rate of GST from 18% to 12%

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Changed GST rate on outdoor catering services

GST rate on outdoor catering services     The GST tariff rate on outdoor catering services  has been changed  as per GST council meeting  held on 20th September, 2019.  The details of reduced GST rate on outdoor catering services is as follows:   Latest GST rate on outdoor catering services   To reduce rate of GST on outdoor catering services other than in premises having daily tariff of unit of accommodation of Rs 7501 from present

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