The 50th GST Council meeting in New Delhi concluded (11th July 2023) under whose leadership?

A)
Rajnath Singh
B)
Smriti Irani
C)
S. Jaishankar
D)
Nirmala Sitharaman

Correct Answer :   Nirmala Sitharaman


The 50th GST Council meeting, headed by the Finance Minister, Nirmala Sitharaman, has been concluded in New Delhi  on Tuesday (11th July 2023) .

Key Highlights :

* 28% GST rate has been levied on the full value of gaming, horse racing, and casino.

* Exempted GST on pharma products like cancer drug Dinutuximab, and Food for Special Medical Purposes.

* Reduced GST on Uncooked, unfried & extruded snack palettes to 5%.

* Reduced GST on Fish soluble paste to 5%.

* Imitation zari thread brought down from 12% to 5%..

Source : Mint

Published On : July 12, 2023