Products whose GST rate was rationalised to 18% included chewing gum, chocolates, preparation for facial make-up, shaving and after-shave items, shampoos, etc Consumer goods companies have begun reducing product prices following a directive by the government on Monday to pass on the benefits of lower goods and services tax (GST) to...

In the July-October period, passenger vehicle exports declined by 14.45 per cent to 2,35,933 units as compared with 2,75,789 units in the same period of last year Passenger vehicle exports from India have run into a goods and services tax (GST) speed breaker as manufacturers have been unable to file claims since July and the pending...

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Composition scheme threshold at Rs 1.5 crore Consumers will be paying less for a wide range of items from shampoo to furniture from November 15 as the GST (goods and services tax) Council on Friday decided to cut the indirect tax from 28 per cent to 18 per cent on these and further down to 12 per cent on another two (wet grinders, and tanks...