The GST Tax and Services Board (GST) is possible to expand the scope of the NIL tax plate, stirring a group of basic products from 5 % and 18 % to zero duty.
Daily foodstuffs such as UHT, Paneer (Chena), Chakhra, Chapati and ROTI are now no commodity and services.
Likewise, Paratha and Parotta, who were subjected to tax earlier by 18 %, were also placed, according to the NIL rate according to the ministers’ proposals to rationalize prices
The elements related to education are the main beneficiaries as well. Maps, hydrographic plans, Aglas, wall maps, balls, printed educational plans, pencils, pencils of all species (including coloring, pastels, tailors, and drawing headphones) will exempt, as well as exercise books, graphic books and 12 % laboratory laboratory computers, which bring them to the Nile.
The officials said this step reflects the batch of the broader government to rationalize the indirect tax structure by reducing the number of panels and solving classification disputes. The expansion of the NIL rate is expected to lead to concrete relief for families and students, making the system more simple and more transparent.
The final decision will be taken by the fifty -sixth commodity and services council in its meeting scheduled for next week in New Delhi
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