CNBC-TV18 has vide its recent tweet has intimated that as per sources the GST Council-nominated Fitment Committee has rejected several proposals of the GST rate change.
Fitment Committee Not In Favour To Reduce GST On:
- APIs: from 18% to 12%
- Metal scrap: from 18% to 5%
- Natural sweetener (Stevia): from 18% to 5%
- Oil used in divine lamps: from 12% to 5%
Fitment Committee not in favour to reduce GST on:
- Ayush products
- Rubber
- Cotton
- Recycled polyester
- Engines for gensets
- Air cooler
- Ceiling fan
- Electronic iron
- Household Water filter
- Pedestal fan
- Solar boats ‘
- Auto LPG conversion kits
- Whole milk powder
- Biodegradable garbage bags
- Rubberised coir mattress
- Yarn produced by NTC
- PVC tufted coir mats
- Newsprint
- Tyres for agricultural use
- Umbrella
- Bakers yeast
- Lithium ion batteries
- Ropway projects
- Energy storage battery
Fitment Committee not in favor of allowing ITC on sanitary napkins
For ready reference of our readers the tweet of the CNBC TV 18 is as under:
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