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GST Council hikes tax on mobile phones from 12% to 18%, says Sitharaman

Manufactured goods like fertilisers, mobile phones, footwear, renewable energy equipment, and man-made yarns attract a GST of 5-12 per cent, thereby leading to an inverted duty structure, where GST on finished goods is less compared to the duty on inputs.

from Hindustan Times - business https://ift.tt/2TR8yfC

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