Flour, pre-packed food to attract 5 pc GST

July 22, 2022July 22, 2022

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The tax rate has increased from 12 percent to 18 percent on products such as printing, writing or drawing ink, knives with cutting blades, spoons, forks, paper knives, pencil sharpeners, and LED lights.5 percent GST will also be charged a hospital room rental fee above RS 5,000 per day but the ICU has been released.Reacting to development, the congress said that the revision of this level was not liked when inflation put pressure on the pockets of ordinary people.

“CPI inflation in May 2022 was established at 7.04 percent, and as high as 7.79 percent in April 2022. This is much higher than the maximum limit of 6 percent set by the RBI. All products that have GST rates owned by GST have been revised to The top are items consumed every day by the lower and middle class, “said Spokesman for the Gaurav Vallaby Congress.

The GST Council, at a two-day meeting in June has received recommendations for tariff rationalization made by sub-groups, which resulted in a change in tax in effect starting July 18.The council has decided to refer to Goma’s reports about casinos, online games, and horse racing back to the ministerial panel for further consideration.This report is expected to be ready and will be taken by the council in the next meeting in August.