Goods and Services Tax
Current Affairs

GST biggest Tax Reform since Independence

India’s economy is reshaping in the leadership of Prime Minister Narendra Modi with the GST biggest Tax Reform.

After getting the uniform mood of all states’, On Friday 19 May 2017 during 14th GST Council meeting held at Srinagar, Jammu & Kashmir, the Finance Ministry has released the list of rates of more than 1200 items into five types of rates.

The Council has broadly approved the GST rates for services at Nil, 5%, 12%, 18% and 28% as listed. The information is being uploaded immediately after the GST Council’s decision and it will be subject to further vetting during which the list may undergo some changes. The decisions of the GST Council are being communicated for general information and will be given effect to through gazette notifications which shall have force of law.

The more information for the SCHEDULE OF GST RATES FOR SERVICES AS APPROVED BY GST COUNCIL please click the link below to know services with GST rates.

Please click GST rates for services

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