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Govt slashes GST on 178 items from 28 to 18pc

Govt slashes GST on 178 items from 28 to 18pc

Guwahati, Nov 10 (UNI) In a major relief to traders and consumers, the Goods and Services Tax (GST) Council has slashed tax on 178 items from 28 per cent to 18 percent whereas it slashed tax rate of 2 items from 28 to 18 per cent.

Announcing the decision of the Council after its 23rd meeting in Guwahati, Finance Minister Arun Jaitley said that the Council decided to withdraw Input Tax Credit (ITC) for all Restaurant and has applied 5 per cent of tax on all type of restaurants.

The revised GST rates will apply under composition scheme except those restaurants who are under starred hotels.

Mr Jaitley said that that the council also slashed rates on 13 items from 18 per cent to 12 percent; on 6 items from 12 to 5 per cent and on 6 items from 5 per cent to nil.

He said that as far as rate revision is concerned, Council reviewed the rates for 228 items and reduced the rates for 213 items including some luxury items, auto parts, aircraft components, detergents, marble flooring, toiletries etc.

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First Indian woman fighter pilot Avani Chaturvedi goes solo in MiG-21 Bison

21 Feb 2018 | 11:31 PM

New Delhi, Feb 21 (UNI) Indian Air Force (IAF) on Wednesday said that Flying Officer Avani Chaturvedi flew a MiG-21 Bison sortie solo on February 19.

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PM to campaign in Meghalaya, Nagaland on Thursday

PM to campaign in Meghalaya, Nagaland on Thursday

21 Feb 2018 | 11:29 PM

New Delhi, Feb 21 (UNI) Prime Minister Narendra Modi will address election rallies in Nagaland as well Meghalaya on Thursday to give a push to BJP's victory prospects in the two poll-bound northeastern states.

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Sushma discusses bilateral matters with Bhutanese Foreign Minister

Sushma discusses bilateral matters with Bhutanese Foreign Minister

21 Feb 2018 | 11:19 PM

New Delhi, Feb 21 (UNI) Foreign Minister of Bhutan Lyonpo Damcho Dorji, who is on an official visit to India
from Tuesday, held talks with External Affairs Minister Sushma Swaraj here on Wednesday and discussed
entire "gamut of bilateral relations".

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Nothing wrong if Ayodhya station is built on temple: Goyal

21 Feb 2018 | 11:15 PM

New Delhi, Feb 21 (UNI) Railway Minister Piyush Goyal on Wednesday said that there was nothing wrong if the Railways is planning to build the Ayodhya station on the model of temple.

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Railway exam fees will be refunded: Goyal

Railway exam fees will be refunded: Goyal

21 Feb 2018 | 11:09 PM

New Delhi, Feb 21 (UNI) Union Railway Minister Piyush Goyal on Wednesday announced that the cost of the railway examination fees will be refunded once the applicant appears for the examination.

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