The 53rd GST Council Meeting, chaired by Union Finance Minister Nirmala Sitharaman, recommended a uniform Goods and Services Tax (GST) rate of 12% on all milk cans. This rate will apply to milk cans made of steel, iron, and aluminum, regardless of their use. The council's decision aims to standardize the taxation on milk cans, ensuring clarity and uniformity in their categorization and taxation. Nirmala Sitharaman emphasized the importance of this uniform rate for all types of milk cans.
#GSTCouncilMeet | "Council recommended to prescribe uniform rate of 12% on milk cans meaning steel, iron, aluminum which are irrespective of the use," says Union Finance Minister @nsitharaman at 53rd GST Council Meet.
#GSTCouncilMeet | "Council recommended to prescribe uniform rate of 12% on milk cans meaning steel, iron, aluminum which are irrespective of the use," says Union Finance Minister @nsitharaman at 53rd GST Council Meet. #GST #NirmalaSitharaman #GSTCouncil | @nsitharamanoffc https://t.co/JQJq5LQJCS
#WATCH | On the 53rd GST Council Meeting, Union Finance Minister Nirmala Sitharaman says, "Council recommended to prescribe a uniform rate of 12% on all milk cans meaning steel, iron, aluminum which are irrespective of the use. They are called milk cans but wherever they are used… https://t.co/csf4Nmx2n3
VIDEO | "The council has recommended to prescribe a uniform rate of 12 per cent on all milk cans. This will be the rate applicable. They have a standard shape so that will determine what is a milk can and what is not. The council has also recommended to prescribe a uniform GST… https://t.co/dhzSuhIyRt
GST Council recommends a uniform rate of 12 pc on all milk cans, says Finance Minister
I uniform rate of 12% on milk cans (steel, aluminum) has been recommended: FM #LIVE | 53rd #GSTCouncilMeet 2024- Outcome; FM #NirmalaSitharaman's address #LIVE updates here: https://t.co/HqgNfIgH2v https://t.co/6Zweb3B0JA