Wednesday, July 8, 2020

GST Evasion: DGGI clarifies 18% of GST applicable on Hand Sanitizers and not 12%

The Directorate General of GST Intelligence (DGGI) clarified that 18% of Goods and Service Tax (GST) is applicable to the Hand Sanitizer and not 12% of GST. As per the World Customs Organisation (WCO), the Central Economics Intelligence Bureau (CEIB) informed DGGI that some manufacturers of “Hand Sanitizers (Alcohol-based)” are wrongly classifying the said item […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3gE44l8

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