Saturday, July 21, 2018

Sanitary napkins exempted from GST - GST NEWS


Times of India



Sanitary napkins exempted from GST

Times of India

NEW DELHI: Sanitary napkins have been exempted from the Goods and Services Tax (GST), Maharashtra finance minister Sudhir Mungantiwar said on Saturday after a meeting of the GST Council.
Sanitary napkins were taxed at 12 per cent tax under the one-year old GST regime, which attracted serious criticism from various quarters.
Speaking to reporters on the sidelines of the 28th GST Council meeting, the minister also said that tax on bamboo has been slashed to 12 per cent.


This would mean there would be no input tax credit available, even though inputs in the production of sanitary napkins are taxed.



                         source:- Times of India
from gst india - Google News https://ift.tt/2JHkuZb

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