rediff.com

GST on Carton Boxes Reduced to 12%: Relief for Himachal Apple Growers

Share on:

By Rediff Money Desk, Shimla   Jun 22, 2024 19:55

The GST Council has recommended reducing GST on carton boxes from 18% to 12%, a move that benefits Himachal Pradesh's apple industry and eases compliance burdens for small businesses.
GST on Carton Boxes Reduced to 12%: Relief for Himachal Apple Growers
Photograph: ANI Photo.
Shimla, Jun 22 (PTI) The 53rd GST Council meeting on Saturday recommended the reduction of Goods and Service Tax (GST) on all kinds of carton boxes from 18 per cent to 12 per cent.

Himachal Pradesh has been persistently pleading for the reduction of GST on apple carton boxes and this reduction will help both horticulturists and the industry in saving costs, a statement issued here said.

Industries Minister Harshwardhan Chauhan, representing the State, thanked the council for taking the decision unanimously on the proposal of the state. He said that the decision would also help the industry reduce working capital costs.

The Council took a number of decisions to ease the compliance burden and grievances of small and medium taxpayers.

The state's delegation included Commissioner State Taxes and Excise Yunus and Additional Commissioners (GST) Rakesh Sharma.

The 53rd GST council meeting was held in New Delhi. The 52nd GST Council meeting took place on October 7, 2023.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

More »

Moneywiz Live!