TNPSC Thervupettagam

49th meeting of the GST Council

February 21 , 2023 646 days 602 0
  • The 49th meeting of the GST Council was held at Delhi under the chairpersonship of the Union Finance Minister Nirmala Sitharaman.
  • Council has reduced the GST rate on rab or liquid jaggery from 18% to 5% if sold pre-packaged and labelled and nil if sold otherwise.
  • Rates on pencil sharpeners has been cut to 12 percent from 18 percent earlier.
  • Rates on tax trackers has been cut to 12 percent from 18 percent but that is subject to conditions.
  • Services provided by courts will be charged at Reverse Change Mechanism (RCM).

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