The IT backbone of the Goods and Services Tax was not given enough time to prepare a system to the satisfaction of the GSTN which led to the glitches in the implementation of the new tax regime, a top official said. However, he added, the system had now stabilized and[Read More…]
Tag: the Goods and Services (GST) Council
83 services exempted from GST
The Goods and Services (GST) Council agreed on the fitment of almost every commodity in the various tax slabs under the new tax regime, which will be rolled out on July 1. Milk, cereals (unpackaged and unbranded), and jaggery will be exempt from GST, while sugar, tea, coffee (except instant),[Read More…]