20/07/2022
Recently, the tax rates on certain goods and services were increased along with that a whole new set of products were brought under the GST slabs effective from July 18, a decision taken by the GST Council in their 47th meet held in Chandigarh.
When GST started in 2017, it had some teething issues with technology and rates. We saw many rate changes. There were also compliance issues. Now with additional updates in regard to the Goods and Service Tax, this has brought in a lot of questions for the council in regard to these updates.
What do you think about the updates, do let us know your opinion in the comments section below.