Council fixes 3% GST on gold; To set up Committee for anti-profiteering complaints
15th meeting of GST Council concludes, decides to set up a Committee to entertain complaints relating to anti-profiteering, consisting of Revenue officers from Centre & States; Fixes rates on contentious items - packaged food items sold under registered trademarks taxable at 5%, all biscuits taxable at 18%, agricultural machineries taxable at 5% and 12%; footwear priced below Rs. 500/- shall attract 5% GST while other footwear at 18%; In case of textiles, jute &...