Explorer

GST Council Meet: Pre-Packed Curd, Paneer, Makhana, Wheat To Attract 5% GST. Check Details

Goods that are unpacked, unlabelled and unbranded will continue to remain exempt from GST. 

A list of more items have now come under the purview of the Goods and Service Tax as the GST panel headed by Union finance minister Nirmala Sitharaman approved the recommendation of the Group of ministers from states on withdrawing exemptions in order to rationalise the levy.

Check products that will attract GST now:

Products to attract GST if they are labelled food items include, pre-packed and labelled meat (except frozen), fish, curd, honey, dried leguminous vegetable, dried makhana, wheat and other cereals, wheat or meslin flour, jaggery and puffed rice, according to the news agency PTI report.

ALSO READ: Electric Carmaker Tesla Stops India Entry As Strategy To Negotiate Well: Chinese State Media

While organic manure and coir pith compost will not be exempted from GST. Also, 18 per cent GST will be levied on the fee charged by banks for the issue of cheques (loose or in book form). Maps and charts including atlases will also attract a 12 per cent levy. Goods that are unpacked, unlabelled and unbranded will continue to remain exempt from GST. 

A 12 per cent tax on hotel rooms below Rs 1,000 per day will be levied, as against a tax exemption currently. The GST Council also suggested a correction in the inverted duty structure for items, including edible oil, coal, LED lamps, printing/drawing ink, finished leather and solar water heater.

With regard to e-way bill on intra-state movement of gold, gold jewellery and precious stones to check evasion, the Council recommended that states can decide on the threshold above which the electronic bill is to be made mandatory. A panel of state ministers had recommended the threshold to be Rs 2 lakh and above.

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Parliament Highlights: PM Modi Seeks Action Against LoP Rahul Gandhi, Kharge & Dhankhar Spar Over 'Varna' Remark
Parliament: PM Modi Seeks Action Against LoP Rahul Gandhi, Kharge & Dhankhar Spar Over 'Varna' Remark
PM Modi Labels Congress As 'Parasitic Party', Mocks Rahul Gandhi With 'Sholay' Jibe In Lok Sabha
PM Modi Labels Congress As 'Parasitic Party', Mocks Rahul Gandhi With 'Sholay' Jibe: WATCH
Those Playing With Youth's Future Won't Be Spared: PM Modi On NEET Paper Leak Case
Those Playing With Youth's Future Won't Be Spared: PM Modi On NEET Paper Leak Case
Delhi HC Issues Notice To CBI Over Arvind Kejriwal's Arrest, Next Hearing on July 17
Delhi HC Issues Notice To CBI Over Arvind Kejriwal's Arrest, Next Hearing on July 17
Advertisement
ABP Premium

Videos

Parliament Session: Jagdeep Dhankhar Takes Potshots At Mallikarjun Kharge in Rajya SabhaNew Criminal Law: What will happen now to the old cases going on on IPC, what problems will have to be faced?Hathras Stampede Explained: Who, What, How, Where, Why, Get All Your Questions Answered HereHathras Stampede: Stampede In Satsang, Who Is Responsible For Over 100 Deaths?

Photo Gallery

Embed widget