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GST Council recommendations: What gets cheaper, what's dearer from next month

GST Council recommendations: What gets cheaper, what's dearer from next month

The decisions of the Council will come into effect on July 18, according to the Finance Ministry.

Business Today Desk
Business Today Desk
  • Updated Jun 30, 2022 6:18 PM IST
GST Council recommendations: What gets cheaper, what's dearer from next monthGST Council recommendations: What gets cheaper, what's dearer from July 1

The 47th GST Council meeting was held under Union Finance Minister Nirmala Sitharaman on Wednesday. The decisions taken during the two-day meeting in Chandigarh has resulted in changes in goods and services tax (GST) in certain items and services.

Design: Mohsin Shaikh

The decisions of the Council will come into effect on July 18, according to the Finance Ministry.

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However, the Council decided to re-examine the rates to be levied on casino, race course and online gaming services based on further inputs from states and directed the Group of Ministers (GoM) to submit the report on the same by July 15.

Design: Mohsin Shaikh

 

 

Here's a list of all items and services that would see a change in their prices, following the GST Council deliberations.

 

Design: Mohsin Shaikh

 

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Design: Mohsin Shaikh

 

 

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Published on: Jun 30, 2022 5:43 PM IST
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