Look Who it Was Random video

29 Goods 53 Services Cheaper Due To GST Cut | OneIndia News

62 views · Published 19 January 2018 · 2:37 · Indexed 22 September 2026

Channel: Oneindia News · 2018 · News & Politics

Watch on YouTube

GST Council mulls approaches to ease the burden of filing returns in order to boost compliance. The Goods and Services Tax (GST) Council has reduced the rates on 29 goods and 53 categories of services, Finance Minister Arun Jaitley said following the Council’s meeting on Thursday. Against the backdrop of declining GST collections and reduced compliance, the Council also discussed in detail various approaches to ease the return filing compliance burden, and the need for the implementation of anti-evasion measures. Some of the services for which the rates have been cut include tailoring (18% to 5%), admission to theme parks (28% to 18%), and petroleum and natural gas mining and exploration (18% to 12%). The goods on which the rates have been reduced include biodiesel buses used for public transport (28% to 18%), sugar boiled confectionery, biodiesel, drinking water packed in 20 litre containers (all from 18% to 12%), and LPG supplied to domestic consumers by private distributors (18% to 5%). The new rates would come into effect on January 25. 
----------------------------------------------------------------------------------------------------------
Subscribe to OneIndia News Channel for latest updates on movies and related videos.

You Tube: https://www.youtube.com/channel/UCqTa3sNT6SfiQ2DQK_kuWlA

Follow us on Twitter : https://twitter.com/Oneindia

Like us on Facebook : https://www.facebook.com/oneindianews

Join our circle in Google Plus : https://plus.google.com/u/0/b/112448479869362930381/+oneindia

Download App: https://play.google.com/store/apps/details?id=in.oneindia.android.tamilapp

More from this channel