Friday, September 17, 2021

GST council agrees to keep fuel out for now

The GST Council on Friday reduced the levy on several life-saving medicines, agreed to correct the tax structure for several products - ranging from textiles and footwear to pens - and unanimously concluded that there was no need to include petrol and diesel under this tax regime for now. Finance minister Sitharaman clarified that it was the result of a high court directive which wanted the GST Council to look at the issue.

from Times of India https://timesofindia.indiatimes.com/business/india-business/gst-council-agrees-to-keep-fuel-out-for-now/articleshow/86308943.cms
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