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GST on aerated beverages, cigarettes may be hiked to 35%
The Morning Standard
|December 03, 2024
THE Group of Ministers (GoM) on GST rate rationalisation on Monday decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products to 35% from the present 28%, an official said.
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The GoM on rate rationalisation under Bihar Deputy Chief Minister Samrat Chaudhary also decided to rationalise tax rates on apparel. As per the decision, readymade garments costing up to ₹1,500 would attract 5% GST, those between ₹1,500 and ₹10,000 would attract 18%. Garments costing above ₹10,000 would attract 28% tax.
Bu hikaye The Morning Standard dergisinin December 03, 2024 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The Morning Standard'den DAHA FAZLA HİKAYE
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