The notification replaces cess rates with “Nil” across extensive Schedule entries. The key takeaway is the effective withdrawal of Compensation Cess on the listed goods starting 1 February ...
Last week, policyholders breathed a huge sigh of relief when Finance Minister Nirmala Sitharaman slashed GST on individual health and life insurance premiums from 18% to zero, starting September 22, ...
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GST Nil Tax: Does It Make Notebooks More Expensive?
Less tax means less cost burden for you and me, right? Not always, more so if it is GST. In fact, paying less tax could cost you more. On Sept 22, when notebooks were moved from the 12% tax bracket to ...
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