Tag: GST Rates

GST Rate Recommendations from GST Council

The GST Council that had met on 9th Sept’17 has decided to change Or modify the GST rates on 40 goods that are for day to day use.
The rates of Wall nuts if reduced from 12% to 5% , Roasted Gram from 12% to 5%, Custard Powder from 28% to 18%, Batters, including idli/ dosa batter from 18% to 12%.
gst-new-rates-Sep09th-meeting

GST- Reduction of tax on Hotel/ Luxurious Rooms.

The GST Council considered the revision of tax on hotel rooms and decided that while those in the range of Rs 2,000-Rs 7,500 a day tariff would face 18 per cent tax, rooms with daily tariff above Rs 7,500 would be taxed at 28 per cent. Restaurant service in 5-star hotels would attract 18 per cent tax.