GST Council revises tax rates for 66 items❗

  |   India News

The GST Council at its 16th meeting today has revised the tax rates for around 66 items.

"Representations were received for 133 items," Union Finance Minister Arun Jaitley said.

GST on 📹movie tickets below ₹💯 has been cut⬇ to 18%; tickets above ₹💯 will have 28% tax. The Council also lowered⬇ tax rates on computer printers to 18% from 28%.

GST on insulin, agarbatti was lowered⬇ to 5⃣%; school bags to attract tax of 28%.

The next meeting of the GST Council is scheduled to take place on June 18; to take up items like lottery taxes, e-way bills.

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