Mobile prices set to rise as GST up 6%

The GST Council on Saturday announced an increase in the levy on mobile phones to 18% from 12%, although the government said it may not resu... thumbnail 1 summary
The GST Council on Saturday announced an increase in the levy on mobile phones to 18% from 12%, although the government said it may not result in a proportionate increase in prices. The hike was aimed at correcting a situation where inputs face higher levies than the final product, resulting in problems and delays in refunds.

from The Times of India https://ift.tt/2IZyhwx

No comments

Post a Comment