News Bulletinby Shashank
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Discontent in industries after introduction of additional cess in GST.
Hey guys, did you hear that the cold drinks you enjoy for your refreshment are going to dearer after implementation of GST? Didn't you ? Don't worry we will tell ou what it is about. In GST four rates of taxes has been proposed which will be 5%, 12%, 18% and 28%. 28% rate shall be applicable on luxury items, sin goods, aerated drinks and tobacco products. Besides this gst council has also approved cess over and above 28% tax rate.
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