GST rates for mobile phones, matchsticks, MRO services notified - Business News, Finance News, Share Market News - Market trendz

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Monday, 30 March 2020

GST rates for mobile phones, matchsticks, MRO services notified

Mobile phones will be charged 18% GST from April 1, compared to 12% earlier, while all kinds of matchsticks will be charged a 12% GST versus a range of 5% to 18%. Maintenance and repair operations (MRO) services required for aircraft will be charged 5% GST, lower from the earlier rate of 18%, with full input tax credit.

from GST-Small Biz-Economic Times
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