GoM Proposes To Raise GST 0n Luxury Shoes, Watches, Aims Revenue Boost By Rs 22,000 cr

Sunday, 20 October 2024
The GoM members also decided to lower tax rates on 20-litre packaged drinking water bottles and bicycles to 5 per cent from 18 per cent.

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GoM Proposes To Raise GST On Luxury Shoes, Watches, Aims Revenue Boost By Rs 22,000 Cr

The GoM proposed to increase the GST rate on wristwatches priced above Rs 25,000 from 18 per cent to 28 per cent.
Zee News on October 19, 2024 Also reported by •IndiaTimes

GoM Proposes To Raise GST 0n Luxury Shoes, Watches, Aims Revenue Boost By Rs 22,000 cr

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GoM Proposes To Raise GST On Luxury Shoes, Watches, Aims Revenue Boost By Rs 22,000 Cr