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Milk exempted from GST; Sugar, edible oil to attract 5% tax
short by Nihal Thondepu / on Thursday, 18 May, 2017
The GST Council on Thursday discussed the tax rates for 1,211 items with a majority of items being kept under 18%. Foodgrains will get cheaper, milk and cereals will be exempted, while sugar and edible oil will attract 5% tax. Revenue Secretary Hasmukh Adhia said that only 19% of items will be taxed at the highest rate of 28%.
read more at Hindustan Times