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The day after tomorrow the GST council meeting in Assam's capital Guwahati.

The GST Council has decided to reduce the tax on many products by taking into consideration the sharp opposition to small and marginal businesses.

GST for 150 to 200 products will be reduced. In particular, the tax on electricity, construction and furniture will be significantly reduced.

The tax on most goods, which is 18 per cent, will be reduced. Furthermore, 28 percent of taxes are scheduled to be reduced.

Furthermore, the Cabinet Committee recommendation is reduced and the tax on small industrial products is decline. It also seems that they will announce enough tax filing for all companies once every three months.

The delayed payment Rs.200 has been decided to reduce the present Rs.50. Most importantly, 28% of taxes are expected to come in large quantities of goods and services.

The day after tomorrow the GST council meeting in Assam's capital Guwahati. It seems that these important decisions will be taken.

English Summary

GST council will reduces tax for 200 items

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