December 14, 2018

Which products out of GST

What will be out of GST?

Commodities which are outside GST that means existing law will be applicable on these products

  • Alcohol for Human Consumption
  • Petroleum Products (Petroleum Crude, Motor Spirit , High Speed Diesel, Natural Gas, Aviation Turbine fuel)
  • Electricity
  • Real estate

Tobacco and Tobacco products would be subject to GST. In addition, the Centre would have the power to levy Central Excise duty on these products.

 

 

Be the first to comment

Leave a Reply

Your email address will not be published.


*