Economic Times |
GST Council fixes tax rates for gold, textiles, footwear
Economic Times NEW DELHI: Finance Minister Arun Jaitley today chaired the 15th meeting of the GST Council and announced the tax rate for 6 items including gold, textiles and footwear. These are the rates: Biscuits (All catogories): 18% Footwear: Below Rs 500: 5 % GST fixed on gold, diamond, footwear, others: All you need to know Gold to be taxed at 3% under GST; footwear below ₹500 at 5% GST Council to fix tax rate on gold and other commodities today; jewellers on toes |
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