Govt Notifies Change of GST rates on Services recommended by GST Council
The central government today notified the change in the rate of the tax on goods and services (GST) as recommended by the GST Council at its last meeting.
The Union’s Finance Minister, Arun Jaitley, chaired the 25th GST Board Meeting held on January 18. He has recommended changes in the tax rate in thirty-three Services. The Council has recommended many relief measures regarding GST rates on goods and services that cover many sectors and products.
The Board has also recommended the issuance of certain clarifications on issues related to GST rates and the taxability of certain goods and services.