GoM Cuts GST on Water bottles, Bicycles, Raises GST on Shoes, Watches
The Group of Ministers (GoM) has reduced the GST on 20-litre water bottles, bicycles and exercise notebooks to 5%. This move is aimed at making these essential items more affordable for consumers. This GST reduction can increase demand for these products, benefiting both consumers and businesses. Impact on Businesses Selling Essentials For businesses dealing in … Read more