After approx a month post GST implementation, 20th GST council Meeting headed by union Finance Minister Arun jaitley, came up with following changes.
Let’s have a quick look towards highlights of 20th GST council meet:
Lowering the rate
|Job work of all kinds of textiles||18%||5%|
|Work contract*||18%||12% with ITC|
*Government given Work contracts like roads, bridges, canals
Anti- profiteering mechanism will be started by appointing State wise committees.
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