Six items were on Saturday removed from the 28 per cent tax slab of GST, according to a decision taken by the GST Council as part of its effort to rationalise the taxes.
The Goods and Service Tax revenue for the month of September witnessed a marginal upward trend to touch Rs. 94,000 crore, up from Rs. 93,690 crore last month.
President Ram Nath Kovind on Thursday met a group of probationers from the 68th batch of Indian Revenue Service (Custom and Central Excise) and lauded them for making the Goods and Service Tax (GST) a success.
Vendors and customers are unhappy with the increase in the prices of vegetables in the market.
BJP national spokesperson Shahnawaz Hussain asserted, “Congress and Rahul Gandhi should stay away from such misunderstandings that we made the changes because of their remarks”.
Congress VP Rahul Gandhi said that the Central Government has launched two torpedoes on the India economy- one demonetisation and another is GST, adding that note ban was an “Out and Out disaster” by PM Modi.
GST Council raised the composition scheme threshold for businesses to Rs. 1 crore, which will allow them to pay a tax of 1 per cent to 5 per cent, without having to deal with a three-stage filing process.
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