GST on mobile phones raised to 18%

March 14, 2020March 14, 2020 Rhea Sovani 706 Viewsgst, GST Council meeting

39th GST Council meet: GST on mobile phones raised to 18%; small businesses get relief.

The 39th GST Council headed by Finance Minister Nirmala Sitharaman raised GST on mobile phones, specified parts to 18% from the existing 12%.

The Goods and Services Tax (GST) on handmade, machine-made matchsticks has been rationalised to 12%. Whereas, GST on MRO (maintenance repair overhaul) services of aircraft slashed to 5% from 18%. All rate related changes will come into effect on 1 April.

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