Long list of GST rates for services
Long list of GST rates for services
The Goods and Services Tax (GST) Council on May 19, 2017 finalised tax rates for all services, under the new indirect tax regime to be rolled out from July 1. Those services already exempted from tax, such as healthcare and education, will continue to enjoy the concession.
The Goods and Services Tax (GST) is a Value Added Tax (VAT) to be implemented in India, the decision on which is pending.
ReplyDeleteIt will replace all indirect taxes levied on goods and services by the Indian Central and State governments. It is aimed at being comprehensive for most goods and services.India is a federal republic, and the GST will thus be implemented concurrently by the central and state governments as the Central GST and the State GST respectively. Item wise GST Rate List
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