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Securities excluded from GST ambit in revised bill
In a significant relief for stock markets, brokers, banks, and mutual funds, the government has excluded securities from the definition of ‘goods’ in the revised draft Model Goods and Services Tax Law. After this modification securities will be excluded from GST. Section 2(49) of the
Read articleOutcome of fourth meeting of GST Council
the fourth meeting of GST Council- Four-tier GST rate structure would be 5%, 12%, 18%, 28%, finance minister Arun Jaitley told reporters after the meeting. The finance ministry had earlier proposed to have 6%, 12%,18%, and 26%. Most of the food items would attract a
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