After year-long protest, sanitary napkins exempted from GST

After year-long protest, sanitary napkins exempted from GST

The Goods and Services Tax Council has chose to exempt sanitary napkins from taxation, interim Union Finance Minister Piyush Goyal said on Saturday after the 28th meeting of the council in New Delhi.

Fortified milk has also been fully exempted from GST.

"There seems to be no intention of introducing cess and digi-linked incentives (if any) on the tax rates, so as to encourage ease of reporting among taxpayers and to continue with a simple GST rate structure", Gupta added.

Sources said rate cuts and certain clarifications will have revenue impact of Rs 10,000 crore-Rs 11,000 crore annually. There will also be a rate cute from 28 per cent to 18 per cent on items such as lithium-ion batteries, vacuum cleaners, domestic electrical appliances, paints and varnishes, water coolers, articles such as scents, perfumes, cosmetics.

"Centre displayed extreme arrogance by not exempting sanitary napkins from GST over past one year!"

Russian Federation and China block U.S. on North Korea oil — United Nations diplomats
The US state secretary also expressed his hope that another meeting between Putin and Trump would take place this autumn. But if each tanker were fully loaded with fuel, the amount smuggled would be triple its quota, the USA documents said.

"I think the 28% tax slab should be done away with", said Delhi Deputy Chief Minister Manish Sisodia, who holds the finance portfolio. The proposed amendments to the goods and services tax (GST)-related laws, simplification of GST returns, the creation of GST appellate tribunal and the revenue position of states were among the key items slated for discussion in the 28th GST Council meeting. The Council will discuss further on what further benefits could be given to them, he said.

Reverse charge is a mechanism where the recipient of the good or service will have to pay GST, which is otherwise paid by the supplier. However, the receiver of the good/service is eligible for input tax credit, while the unregistered dealer is not. "Glad that finally GST Council has made this happen".

The next GST council meeting will take place on August 4.

With regard to cancellation of GST registration, Goyal said the traders's ID number will be suspended the day he applies for cancellation.

The most-awaited decision is on the single tax return filing system.

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