Wait till May 19 to know item-wise GST rates
With focus on the goods and services tax (GST) shifted to rules and fitment of rates now, the GST Council on Friday set the ball in motion by clearing rules on five categories and tentatively approving another set of four norms. The next GST Council on May18 and 19 will take up four set of rules to finally clear them and item-wise rates, which will leave just one and a half month for the industry to prepare for these changes. The five rules which were finally cleared by the GST Council relate to registration... Читать дальше...
