Current Affairs Summits

28th Meeting Of GST Council Held In New Delhi

Category : Summits

 The 28th meeting of the GST Council chaired by interim finance minister Piyush Goyal was held in New Delhi. The Council was deliberated upon a number of key issues on its agenda which includes rate revision on a number of items, amendments to the GST law, simplification of return, and the setting up of a National Appellate Tribunal in Delhi.  The GST Council has exempted sanitary napkins from Goods and Services Tax. Earlier, there was a 12% levy of tax on sanitary napkins. It has also recommended reduction in the GST slab for lithium-ion batteries used in electronic items from the current 28% to 18% along with a slew of reductions in other items like bamboo flooring, ice making machines, vending machines, water coolers etc. 
Source- Press Information Bureau (PIB)


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