September 9, 2017 8:02 PM

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21st meeting of the Goods and Services Tax Council held in Hyderabad

The 21st meeting of the Goods and Services Tax (GST) Council was held in the chairmanship of Union Finance Minister Arun Jaitley in Hyderabad today. Breifing newsmen after the meeting Mr. Jaitley said GST rate on about 30 items like roasted gram, idli/dosa batter, oilcakes, raincoats, rubber bands have been reduced. <br/><br/>The Finance Minister also said overall GST collection has been robust with over 70 pc of eligible taxpayers filing returns of about Rs 95,000 cr. He said 5 per cent GST will have to be paid by firms having registered trademark as on May 15, 2017 for commodities. Last date for filing of sales return or GSTR-1 hasa also been extended by a month to Oct 10.

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