KitKat is a biscuit and Parachute Coconut oil is edible! That's the new topic for GST debate
Advertisement
Advertisement
Advertisement
In the case of
Just like KitKat is a biscuit, vicks is a medicine, Parachute coconut oil is edible oil. The ambiguity is lot of our everyday necessities is making it difficult for the government to fix the tax.
"In the past, several tax officers had challenged some of the product categorisations, including those in the retail segment, but lost out in court or at appellate level," one of the persons in the know told
"The GST rates for each and every item are not yet decided as the government is categorising products and what rates can be applied on each category of goods," MS
Advertisement
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- Markets rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%
- Sustainable Waste Disposal
- RBI announces auction sale of Govt. securities of ₹32,000 crore
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market