GST council reduced tax levels on 66 goods - FinMin
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GST rate on insulin has been reduced from 12 to 5 per cent. Several food items tax reduced from 18 per cent to 12 per cent. He said 28 per cent GST for cinema ticket above 100 rupees and 18 per cent GST for cinema ticket below 100 rupees.
Saying the next meeting of GST council is on next Sunday, the minister said the rates on goods decided today would make the goods cheaper for common man but may cost to revenue of the government. Mr Jaitley said rate on kid's colouring books has been brought to nil from present 12 per cent. #casansaar (Source - NewsonAir)
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