GST panel puts off call on lower rates for insurance

The GST Council waived taxes on cancer gene therapy and reduced levies on fortified rice kernels. Decisions on ATF inclusion, insurance rates, and food delivery services were deferred. Used cars will face 18% GST, while pre-packed popcorn and voucher transactions saw clarifications. A new GoM will address state-level disaster levies.

Dec 22, 2024 - 17:30
 0
GST panel puts off call on lower rates for insurance
The GST Council waived taxes on cancer gene therapy and reduced levies on fortified rice kernels. Decisions on ATF inclusion, insurance rates, and food delivery services were deferred. Used cars will face 18% GST, while pre-packed popcorn and voucher transactions saw clarifications. A new GoM will address state-level disaster levies.

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