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Proposed changes in GST rate: 39th GST Council Meeting

March 16, 2020
39th GST Council Meeting held on 14-3-2020 has recommended to raise the GST rate on Mobile Phones and its specified parts from 12% to 18%. It has also proposed to reduce GST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircraft from 18% to 5% with full ITC and to rationalize GST rate on handmade and non-handmade matches to 12%.
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