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23rd GST Council Meeting Ends: Latest Updates Here

10 November, 2017 12:56 PM
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23rd GST Council Meeting Ends: Latest Updates Here

The 23rd meeting of the GST Council is being held in Guwahati today.

Finance Minister Arun Jaitley is addressing a media briefing after GST Council meeting ended. Mr Jaitley said that the Council over the months has been pruning items in the 28 per cent list. Bulk of the goods in the 28 per cent tax has been brought down to 18 per cent bracket. He said that 178 items have been brought down from the 28 per cent to 18 per cent category.

All restaurants will be levied GST at 5%, without input tax credit benefits.

Source: ndtv.com

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