GST Council Meeting Highlights: No tax increase on any item; GST on biofuel down from 18% to 5%

GST Council Meeting Highlights: No tax increase on any item; GST on biofuel down from 18% to 5%

GST Council Meeting Highlights: The GST Council recommended three types of offences be decriminalized. No decision on taxation of tobacco and gutka was taken, despite it being among the prominent issues on the Council meeting’s agenda today. GST Council Meeting Live Updates:¬†Finance Minister¬†Nirmala Sitharaman¬†virtually chaired the 48th meeting of the goods and services tax (GST) Council meeting on December 17. […]

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