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GST EXEMPT ITEMS
Small cars may get cheaper by 8% if GST reduced from current rate: HSBC ReportCar prices in India, especially for small cars, could drop by up to 8% if the government reduces the GST rate from 28% to 18%, according to...21 Aug, 2025, 05.47 PM IST- No GST on Gangajal, CBIC refute reportsThe clarifications came after certain media reports that the centre has imposed 18% GST on Gangajal, which was flagged further by the oppos...12 Oct, 2023, 05.11 PM IST
- No need to distort the GST packageGST allows manufacturers to claim credit for the taxes paid on inputs and creates audit trails in the income and production chain. Exemptio...20 Jul, 2022, 11.26 PM IST
- GST exemptions on some items set to be removedThese items are currently exempt from GST. The council also accepted the recommendations of another ministerial panel on stricter scrutiny ...29 Jun, 2022, 04.41 AM IST
- CBIC clarifies: Serving food in schools, mid-day meals exempt from GSTThe exemption covers mid-day meals provided in schools, pre-schools and Anganwadis. The clarification is part of series of circulars issued...18 Jun, 2021, 01.17 PM IST
- Nirmala Sitharaman says items already exempted from tax listed in Mamata Banerjee's letter to PM ModiEarlier today, West Bengal Chief Minister Mamata Banerjee had urged Prime Minister Narendra Modi to exempt COVID-related life-saving drugs ...10 May, 2021, 11.01 AM IST
- Full GST, customs waiver for vaccines & Covid drugs counterproductive, will hurt consumers: Nirmala Sitharaman“If full exemption from GST were given, the domestic producers of these items would be unable to offset taxes paid on their inputs and inpu...10 May, 2021, 08.45 AM IST
- GST waiver on Covid jabs, drugs will backfire: FM Nirmala SitharamanIn a set of 16 tweets on Sunday, she argued why a nominal GST was in the interest of manufacturers and citizens. GST rates vary from 5% on ...10 May, 2021, 06.46 AM IST
- Govt not cutting GST on PPEs, masks, to save local cos from cheap importsThe government is holding back on any GST rate reduction for items like PPE, ventilators, test kits and sanitisers, as this could end up en...21 Apr, 2020, 08.39 AM IST
- Bengal FM cautions govt against reviewing exemptions under GSTWest Bengal finance minister Amit Mitra, in his letter to Union finance minister Nirmala Sitharaman mentioned the exemptions to commodities...17 Dec, 2019, 06.53 AM IST
- Don't impose GST on goods currently exempted from it: Amit Mitra to Sitharaman ahead of Council meet“Exempted list of items had been arrived at after lengthy deliberations spread over a number of GST Council meetings between the union FM a...16 Dec, 2019, 10.47 PM IST
- Raw food items to be exempted under GSTThe council is meeting to thrash out fitment of products and services in various rare slabs. The council has already fixed slabs at 5%, 12%...18 May, 2017, 03.53 PM IST
- GST exemption list likely to be kept around 100 itemsGoods of common use and services like healthcare and education may be spared in the final list being prepared in unison by the Centre and t...17 May, 2017, 12.59 AM IST
- Here's the list: What is cheaper and what is dearer after GSTThe prices of certain consumer durables like televisions, air conditioners, fridges and washing machines may however become cheaper with de...21 Oct, 2016, 04.04 PM IST
- GST Council agrees on five areas; differ over 1st meet decisionCurrently, the Centre exempts 11 states mostly in NE and hilly regions from excise duty as also many states give the same as incentive for ...01 Oct, 2016, 11.20 AM IST
- Budget 2016: Government may end excise exemptions for some grocery items in preparation for GSTMore than 300 goods are exempted from excise duty while there’s a blanket exemption for manufacturers with a turnover below Rs 1.5 crore.10 Feb, 2016, 10.48 AM IST
- States push for common exempt list under GSTThe State Finance Ministers also recommended traders with a turnover of less than Rs 1.5 crore be exempted from dual control which leads to...11 May, 2013, 03.27 AM IST
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