GST Council Meet highlights

Finance Minister Nirmala Sitharaman after meeting of 37th GST Council meeting in Goa: Higlights:  GST council cuts tax rates on job work in diamond industry to 1.5% from 5%: GST Council cuts tax on hotel room tariffs of ₹1,000 to ₹7,500/night to 12%; those above ₹7,500 to 18%: GST Council recommends lower 12% cess on 1,500 cc diesel, 1,200 cc petrol vehicles with capacity to ca…