Latest GST News and Updates
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Latest GST News and Updates
Last updated at April 16, 2024 by Teachoo
Government has changed GST Rates for Manufacturers from 2% to 1% vide Notification 1/2018
Hence, now GST Rates are similar for Traders and Manufacturers
Summary of Rates
|
Type of Business |
TILL 31 DEC 2017 |
FROM 1 JAN 2018 |
|
Trader |
1% |
1% |
|
Manufacturer |
2% |
2% 1% |
|
Restaurant |
5% |
5% |
