Guwahati
As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent, while a uniform 5 per cent tax was prescribed for all restaurants, both airconditioned and non-AC, Finance Minister Arun Jaitley said after the GST Council meeting here.
Five-star restaurants within starred-hotels with room rent above Rs. 7,500 will attract 18 per cent and can still avail ITC (Input Tax Credit) benefits, the council said. Outdoor catering will attract 18 per cent GST with input tax credit benefits.
Goods on which the Council has recommended reduction in GST rate from 28% to 18% include:
Goods on which the Council has recommended reduction in GST rate from 28% to 12% are:
Furniture wholly made of bamboo or cane
GST was reduced from 18% to 6% on the following items:
GST reduced from 12% to 5% on the following items:
No GST to be levied on: (From 5% to nil)
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