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Everything you need to know about new GST rates

Fri, May 19, 2017, 09:28 AM
Union Finance Minister Arun Jaitley has announced the details of Goods and Services Tax in Srinagar. The GST Council finalised tax rates on 80-90 per cent of goods and services under the four-slab structure with essential items of daily use being kept in the lowest bracket of 5 per cent. The Council, headed by Union Finance Minister and comprising representatives of all states, in the opening session of the two-day meeting also approved rules for the Goods and Services Tax (GST) regime that is scheduled to kick in from July 1.
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