GST Fitment Committee
Business
GST on Air, Water Purifiers: No Rate Cut Recommended
The GST Fitment Committee has recommended retaining the 18% GST rate on air and water purifiers despite calls to reduce taxes on these products.
Business
GST Panel Proposes 3% IGST on Gold, Silver Imports
A GST panel has proposed a 3% IGST on gold, silver and platinum imports by banks, but eligible importers may claim the tax as input credit.