PHONE : + 91 984 572 1255

PHONE : + 91 984 572 1255



Goods and Service Tax

Post Your Queries

GST update – 21st Feb 2017

a) The GST Council is now expected to approve GST laws when it meets on March 4th
(b) Later, GST laws viz. IGST, CGST and SGST, will be placed before Parliament in the second half of the Budget session starting on March 9th.
(c) When will we know the tax rates on the goods/ services? This is the question asked by many people.
Answer – The decision on the categorization of goods in tax slabs (5%/12%/18%/28% and 28% with Cess) is not part of the law and will be worked out by the GST Council after the enabling laws are passed. (This should happen in April 2017)

Contact Us at:

Balakrishna & Co, Chartered Accountants in Bangalore

No. 24, 10th Cross, Wilson Garden, Bangalore 560027

Contact No:

+91 98457 21255

+91 94480 80886


Comments are closed.