Diabytes
GST rules News
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The GST Council meeting happened in Lucknow on September 17.
The Council decided to amend Rule 59(6) of the Central GST Rules with effect from January 1.
The Central Board of Indirect Taxes and Customs (CBIC) had notified Aadhaar authentication for GST registration with effect from August 21, 2020.
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With different tax rates being printed against each item even though they are the same HSN Code (for classification of goods under GST), customers are complaining they are charged higher taxes, which is not the case, RAI said.
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Tax rates for as many as 66 items including kitchen staples like pickles and mustard sauce under the ensuing GST regime have been cut to meet demands from various quarters as the country prepares for rollout of one- nation-one-tax regime in less than three weeks.
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The all powerful GST Council will meet on Sunday to review some of the rates on which industry has expressed displeasure, besides amending the draft rules.
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Services sector is likely to attract a higher tax rate of 18 percent from the current 15 percent under the Goods and Services Tax (GST) regime.
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