GST Council reduces rates on works contracts/tractor parts, approves e-way bills

Aug 05,2017

After conclusion of GST Council meeting held in Delhi today, Finance Minister Arun Jaitley announces reduction in GST rate on works contracts given by Govt. from 18% to 12% and on some tractor parts from 28% to 18%; GST Council gives in-principle nod to implement e-way bills across India through a technology driven process and without check posts; E-way bills not applicable for movement of goods within 10km within a city; CNBC TV18 reports that GST on Computer Monitors upto 2...


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