News
Stainless steel association wants utensils, cutlery under same GST tax slab
- Date:
- June 1, 2017
- Source:
- Money Control
Stainless steel traders in the capital sought the placement of utensils and cutlery under the same bracket within GST taxation framework. The new GST regime, set for a July 1 rollout, currently places the two products under different categories with varying tax slabs of 12 percent for utensils and 18 percent for cutlery. Under the GST regime, services will be taxed under four rate slabs of 5 perce…