Introduction of GST on Essential Items

Behind the fuss about GST on essential items: Two sides of the same coin

Behind the fuss about GST on essential items Two sides of the same coin

The 47th GST council meeting has approved a goods and service tax at a rate of 5% on several basic and necessary goods, such as pulses, rice, cereals, etc. when they are delivered as “pre-packaged and labeled” goods. From July 18, 2022, these modifications are in effect. The imposition of GST on necessities like pulses, … Read more