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Showing posts from July, 2023

New GST Rates amid 12th July 50th GST council Meeting

GGST rates Increased or Decreased The 50th GST council meeting that took place on 12th July Tuesday has the below outcomes: ITEMS/PARTICULARS/PRODUCTS/SERVICES CURRENT GST RATES ( OLD RATES) MODIFIED   GST RATES ( NEW RATES) Quarziba Medicine 12% NIL ( Not Taxable) FSMP (Medicines & Food for special Medical Purposes. 12% NIL ( Not Taxable) Imitation (Copying/duplicity) of Zari Thread 12% 5% LD slag 18% 5% Uncooked/Unfried snack pellets 18% 5% Fish Soluble paste 18% 5% Private Satellite Launch Service 18% NIL ( Not Taxable) Food and beverages when sold with Cinema Ticket. 18% 5% Gaming /Horse Racing / Casino 18% 28% Cess on Utility Vehicles (If certain Paramete