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Tag Archives: GST

18% GST on Hand Sanitizers

The Finance Ministry also said that the reduction in GST rate would not help the manufacturers and consumers.

Single rate GST not possible:

Jaitley in his blog wrote that a single slab GST is possible only in affluent countries.

GST on under-construction flats slashed

Generally, builders have to transfer the benefit amount to the extent of input tax credit.

GST on flats to be

Currently, the GST on under-construction flats is 12 percent after allowing for the cost of land (this is out of GST).

Government doubles GST limit exemption

The government wants to bring all the items at two standard rates of 12 percent and 18 percent.