GST rate on beauty preparations to be increased by end of March?
Orderbook
Timeline
Overview
About the event
Source of Truth
Official Announcement by GST Council, Central Government and other relevant sources
Trading started on
02 Jan, 2025
Event expires on
31 Mar, 2025
Event Overview & Statistics
The Group of Ministers (GoM) for GST rate rationalisation has decided to lower the tax rates on 20-litre packaged drinking water bottles, bicycles and exercise notebooks to 5% from 18% earlier. However, the GoM also suggested to raise taxes on high-end wrist watches costing over ...Read More
Rules
TIME: The event will expire at 11:59 PM on 31 March 2025 or earlier if the announcements are made.
SETTLEMENT: The event will be settled as per the availability of the data.
RULES: The event will close at 'yes' if GST rate on any beauty or makeup preparations is increased by 31 ...Read More
