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FinMin approves GST rates

Nikita Rana, New Delhi
19/05/2017   0 Comments

The Finance Minister, Arun Jaitley, has approved the GST rates on certain goods at nil rates, 5 per cent, 12 per cent, 18 per cent and 28 per cent respectively.

The Minister made the announcement after attending the 14th Goods and Services Tax (GST) Council Meeting that was held at Srinagar in Jammu and Kashmir on Thursday.  

The Council also approved the rates of GST Compensation Cess to be levied on certain goods, Bureaucracy Today has learnt.

During the meeting, the fitments of rates of goods were also discussed, the Ministry of Finance said in an official statement.
 

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