Tag: high-end wrist watches tax

The GoM on GST rationalisation was formed this time after the average GST rate fell below the revenue neutral rate of 15.3%(PTI)
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GST rates to be cut on 20 litre water bottles and bicycles to 5%, raised for luxury shoes, watches, and beauty products

The Group of Ministers (GoM) for GST rate rationalisation has decided to lower the tax rates on 20-litre packaged drinking water bottles, bicycles and exercise…

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