News
GST council to debate tax on services, fitment of items on April 18-19
- Date:
- April 18, 2017
- Source:
- Hindustan Times
Will bidi and cigarettes be taxed at the same rate given the health concerns and the class of people consuming it?Will the small packs of premium biscuits be exempted as it is the case for plain-vanilla ones? Will all the services be taxed at 18%? Will service tax on insurance and other low yielding financial products be the same as eating out in a restaurant? While finance minister Arun Jaitley h…