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Infosys told to enhance GSTN style by July.
Cellphone are most likely to get costlier, with the Goods and Provider Tax (GST) Council on Saturday deciding to increase the rate on mobile phones and particular parts to 18%from the current 12%, from April 1.
Likewise checked out: Do not hike GST on mobiles, govt. advised
Union Financing Minister Nirmala Sitharaman stated the choice was taken not to increase the costs however to fix the inverted structure of task on some items wherein the rate of tax paid on inputs bought is more than the rate of tax on completed items on outward products.
” There was a presentation by the Fitment Committee to take a look at the problem of inverted tax structure …,” the Minister said.
Pankaj Mohindroo, chairman at India Cellular & Electronic devices Association, stated the transfer to increase GST by 6%would be destructive to the vision of Digital India. “Consump