GST on husk of pulses reduced to 5%; tax on ethyl alcohol or biofuel down to 5% ##GST Council Meeting Live Updates | GST on husk of pulses reduced to 5%; tax on ethyl alcohol or biofuel down to 5%
-No tax increase on any item was announced at today's meeting. Revenue Secy said GST on online gaming and casinos was not discussed as the report of GoM on the issue submitted its report only a couple of days back. The report of the GoM was not even circulated to GST Council members, he added.
-GST reduction on husk on pulses was announced. Tax on husk reduced to nil from five percent. Ethyl alcohol or biofuel- supplied to refineries for blending with motor spirit (petrol) down to five percent from 18 percent.
By: via Allies Fin Serve Stock Market
