Home Agency News Six items taken out of the 28% GST tax bracket: Jaitley

Six items taken out of the 28% GST tax bracket: Jaitley

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The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley addressing a press conference with regard to India is ranking in Global Competitive Index, in New Delhi on September 28, 2016.
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Six items taken out of the 28% GST tax bracket: Jaitley

New Delhi: Finance Minister Arun Jaitley on Saturday said that six items have been removed from the 28 per cent tax bracket under the Goods and Services Tax (GST) regime.

There were 34 items in the 28 per cent tax bracket which included luxury and ‘sin goods’ till now. However, the GST Council in its meeting on Saturday decided to take out 6 items from this list.

Only 28 items now remain in the 28 per cent GST tax bracket.


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