GST Council cuts rates on TVs, movie tickets; cement, ACs left untouched : News Date 22-12-2018

Home GST BILL GST Council cuts rates on TVs, movie tickets; cement, ACs left untouched : News Date 22-12-2018

GST Council cuts rates on TVs, movie tickets; cement, ACs left untouched : News Date 22-12-2018

New return filing system will be started on trial basis from April 1, to be implemented mandatorily by July 1. Due date for GST Annual Return and Audit Report extended till 30th June 2019.

There were around 226 goods in the 28 per cent category when Goods and Services Tax (GST) was implemented on July 1, 2017.

Cement rate reduction has not been taken up as it has huge revenue implication ..

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