Tax cut on 178 items, only 50 still in 28% slab

Three months after rolling out the new taxation system, the GST Council chaired by Arun Jaitley announced major cuts in taxes of various items.

The move comes after traders, small and medium enterprises had complained of tedious compliance burden under the new Goods and Services Tax (GST). To provide relief to them, the council decided to cut GST rate on 27 common use items. 

Friday’s decisions will come into force over the next one week as they get notified. Here is the complete list of the changes in the GST slabs:

Most of the items of common consumption brought to five percent category.

Here is a Full list of revised GST rates for 178 categories of goods; Tax rate on five-star hotels unchanged:https://goo.gl/JCiDd7

Important links:
GST Consultant is Delhi
GST Registration in Delhi
Tax consultant in India