HIGHLIGHTS OF GST COUNCIL MEETING HELD
CHANGED/REDUCED IN GST RATE Rate Reduced from 28% to 18% Motor vehicle will now attract 18% tax from earlier 28%. Buses, for use in public transport, which exclusively run on bio-fuels. To reduce GST rate on services by way of admission to theme parks, water parks, joy rides, merry-go-rounds, go-carting and ballet, from 28% …