Finmin explains GST incidence on 'sanitary-napkins'; Free food by religious institutions not taxable
Ministry of Finance continues issuing clarifications on tax incidences on various items before and after GST;States that incidence of tax on sanitary napkins has come down to 12% vis-à-vis 13.68% under the pre-GST regime; Since raw materials used for manufacture thereof attract GST of 18% or 12%, there is an inversion in GST structure and though accumulated ITC will be refunded, it will have associated costs (interest burden) and administrative cost putting them at a disadva...