Jaisalmer mein 55th GST Council ne Fortified Rice Kernel par GST 5% kiya, gene therapy ko exempt kiya, used vehicles par rate 18% kiya

Summary

Union Finance Minister Nirmala Sitharaman ki adhyakshata mein GST Council ki 55th meeting 21 December 2024 ko Rajasthan ke Jaisalmer mein hui. Council ne Fortified Rice Kernel (FRK) par GST rate 5% karne, gene therapy ko GST se exempt karne aur general insurance companies dwara third-party motor premiums se Motor Vehicle Accident Fund mein diye gaye contributions ko exempt karne ki sifarish ki. Council ne EVs samet sabhi old aur used vehicles (jo pehle se 18% par hain unhe chhodkar) ki sale par GST 12% se 18% karne ki sifarish ki, jo supplier ke margin par lagega. Council ne clear kiya ki 50% se zyada fly ash wale Autoclaved Aerated Concrete (ACC) blocks par 12% GST lagega, aur namak-masale wale ready-to-eat popcorn par pre-packaged aur labelled na hone par 5% aur pre-packaged aur labelled hone par 12% GST lagega. Hotels mein restaurant services ka GST rate accommodation units ki actual value of supply (₹7,500 se upar par ITC ke saath 18%) se juda hoga, jo 1 April 2025 se lagu hoga.

Practice MCQs 4 questions