Don’t miss the latest developments in business and finance.

Six items taken out of the 28% GST tax bracket: Jaitley

Image
IANS New Delhi
Last Updated : Dec 22 2018 | 4:30 PM IST

Finance Minister Arun Jaitley on Saturday said that six items have been removed from the 28 per cent tax bracket under the Goods and Services Tax (GST) regime.

There were 34 items in the 28 per cent tax bracket which included luxury and 'sin goods' till now. However, the GST Council in its meeting on Saturday decided to take out 6 items from this list.

Only 28 items now remain in the 28 per cent GST tax bracket.

--IANS

rv-bc/vm

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 22 2018 | 4:20 PM IST

Next Story