Sanitary napkins to be exempt from GST

21 July, 2018, 19:40 | Author: Regina Silva
  • GST Council to consider rate cut on items with low revenue impact

Sanitary napkins that were taxed at 12% earlier, has been put under the exempted category following widespread demand on the essential commodity.

Last year, the Delhi High Court had questioned the GST on sanitary napkins, asking, "If bindis, sindoor and kajal are kept out of the ambit of the GST, why can not sanitary napkins, which are essential items, be exempted?"

28th meeting of the GST Council begins in New Delhi.

Sanitary napkins will be exempt from GST, Maharashtra Finance Minister Sudhir Mungantiwar said on Saturday after a meeting of the GST Council. Also, rakhis, sal leaves, the raw materials used to make regular brooms have also been fully exempted from being charged under GST.

Businesses with turnover of up to Rs 5 crore need to file GST returns only quarterly, benefiting 93% taxpayers, the minister said.

"The GST Council cuts tax rates on an array of products".

"I think the 28 percent tax slab should be done away with".

Adaptive optics lifts Earth's atmospheric veil to reveal a sharper cosmos
These atoms serve as laser guide stars, and the light they bounce back is used to measure atmospheric turbulence. MUSE is not the only instrument to benefit from the Adaptive Optics Facility.


Remains of 8 victims identified in Canada serial killer case
Idsinga said police are still receiving tips from around the world. "I don't know if it stops at eight (victims)", Idsinga said. Toronto police say they've now identified the remains of all eight men they believe were murdered by Bruce McArthur .


It's Official, Faith Evans and Stevie J Got Married In Las Vegas
The sources think Stevie J knew if Faith started telling friends and family she was marrying him, they would talk her out of it. She collaborated with P Diddy on the huge hit I'll Be Missing You, which was dedicated to her late husband.


In a boost for the textile industry, unclaimed input tax credit will henceforth be refunded to firms.

The changes that were announced today will be implemented from July 27.

Slamming the centre for putting sanitary pads under tax regime, DCW chief Swati Maliwal said that the Centre had displayed its arrogant side after it failed to exempt sanitary pads from GST for over a year.

The biggest rate cuts, however, came in white goods. There will also be a rate cute from 28 per cent to 18 per cent on items such as lithium-ion batteries, vacuum cleaners, domestic electrical appliances, paints and varnishes, water coolers, articles such as scents, perfumes, cosmetics.

The council also approved the proposal to allow quarterly return filing for taxpayers with a turnover of upto Rs 5 crore, a move that will benefit almost 93 percent of tax assessees as they would now be required to file returns only once in three months.

A new set of simpler return filing forms - Sahaj and Sugam - are also in the works that would be finalised soon, Goyal said.

Reverse charge is a mechanism where the recipient of the good or service will have to pay GST, which is otherwise paid by the supplier.

Recommended:

  • VirtualLink Open Standard USB-C Connection for VR Announced

    VirtualLink Open Standard USB-C Connection for VR Announced

    As you'd expect, being designed for virtual reality , it's also low-latency in terms of data transfer speeds. This matters because many major headsets today need up to three plugs on cable ends.

    'Buffy' Reboot Reports Get Mixed Reaction From Fans Of Original Show

    This show will serve as a reunion for Owusu-Breen and Whedon, who previously worked together on Marvel's Agents Of S.H.I.E.L.D. The reboot will be developed by Fox 21 TV Studios, which plans to pitch it to cable and streaming networks.
    ISIS fanatic guilty of planning to behead Theresa May and attack Parliament

    ISIS fanatic guilty of planning to behead Theresa May and attack Parliament

    He also spoke about using a suicide belt, a drone, an improvised explosive device and poison, referred to as "P" or "curry mix". A British man of Bangladeshi origins was found guilty, on Wednesday, of a plot to kill British Prime Minister Theresa May .
  • Cambage breaks WNBA scoring record with 53-point game

    Cambage breaks WNBA scoring record with 53-point game

    She surpasses an old teammate, Riquna Williams who scored 51 points in a game from 2013 when she was a member of the Tulsa Shock. Glory Johnson and Allisha Gray each added 13 points for Dallas (13-9), which won its first home game against NY since 2016.

    Starless Manchester United turn off US

    Can they do it under Mourinho? "He will not be ready for the start of the season but we think he'll be ready for September". The France worldwide impressed at the World Cup this summer and has been touted as a future captain for the Red Devils.
    Vladimir Putin’s soccer ball gift to Donald Trump gets routine security check

    Vladimir Putin’s soccer ball gift to Donald Trump gets routine security check

    A White House official says Friday that those issues include Russian meddling, nuclear proliferation, North Korea, Iran and Syria. It was not clear whether such a meeting would take place before or after the November congressional elections in the U.S.
  • White House’s Kudlow blames China’s Xi for blocking…

    White House’s Kudlow blames China’s Xi for blocking…

    Kudlow said other Chinese officials, including Vice Premier Liu He , a key economic advisor, are open to reducing tariffs but Mr. Xi is stalling. "You've got kids, millennials ... who have never seen a full-fledged long-lasting prosperity", Kudlow said.
    Inquest opens into British woman poisoned by nerve agent

    Inquest opens into British woman poisoned by nerve agent

    Although police said there was no suggestion that the couple had been deliberately targeted, a murder investigation was launched. Several Russians were involved in the attempted murder of Sergei and Yulia Skripal, the Press Association says.
    Glass trailer: M Night Shyamalan previews superhero film

    Glass trailer: M Night Shyamalan previews superhero film

    When asked what separates Glass from other superhero movies , Shyamalan said "The reason to see the movie is the performances". Glass , which hits theaters on January 18, 2019 , is billed as the "culmination" of Shyamalan's trilogy.
  • Trump escalates his war with the Fed

    Trump's comments came shortly after CNBC aired an interview with the president in which he bashed the Fed's planned rate hikes . The Fed has raised interest rates five times since Trump took office in January 2017, extending the campaign it began in 2015.
    Chinese firms tied to 200 anonymous Airbus air show orders

    Chinese firms tied to 200 anonymous Airbus air show orders

    Airbus meanwhile won a provisional order for 10 A320neo jets from SaudiGulf, industry sources said. The move comes just one day after the carrier placed an order for Boeing 737s.
    United fans keeping De Gea at Old Trafford - Herrera

    United fans keeping De Gea at Old Trafford - Herrera

    But Herrera backed his countryman to silence his critics with United in the Premier League this season. Jose Mourinho was impressed by Dutch teenager Tahith Chong .


Popular

First fossilized snake embryo ever discovered rewrites history of ancient snakes
The fossil is made up of about 97 bones and represents half the vertebrae of an intact snake that was either a newborn or a fetus. The age of the snake in the fossil also makes it very important in understanding how ancient snake embryos matured.

Roseanne defends tweet on YouTube, thought Valerie Jarrett was white she says
It is also not the only instance of the actor's hatred, as many instances of her bigotry have been noted in the past . Barr also issued an earlier video today, again insisting the tweet had been an attempt to talk about "the Iran deal".

Federal Bureau of Investigation has secret tape of Trump talking payment to model
Moscow denies US allegations that it interfered in the election and Trump denies any campaign ties to Russian officials. A self-described fixer for Trump for more than a decade, Cohen said past year he would "take a bullet" for Trump.

Migos' Offset charged with gun offences south of Atlanta
The Migos rapper was believed to be pulled over by police in Georgia when he attempted to make an improper lane change. Offset has allegedly been arrested on drugs and weapons charges - just 10 days after the birth of his daughter.

Jeff Bezos' Blue Origin launches rocket farther than ever
Perched on top of the vehicle is a capsule for crew members, which the rocket carries skyward during flight. Blue Origin is developing a much bigger rocket, called New Glenn, as an orbital launcher.

Scientists discover new ‘Meghalayan age’ in Earth’s history
The proposals were developed by a dedicated, worldwide team of Holocene scientists led by Mike Walker of the University of Wales. The most recent phase, The Meghalayan Age , is based on the evidence of the climatic event found in sedimentary records.

Russian shipwreck could be laden with lost gold: The Cube
A South Korean Financial Ministry official responsible for the issue said that Russian Federation may be able to claim ownership. South Korea's financial supervisory service subsequently warned that it will be keeping a close eye on trading around Jeil.

State Actors Likely Behind Singapore Biggest Ever Cyberattack
According to the statement , SingHealth lodged a police report on 12 Jul 2018 and police investigation is ongoing. An SMS message will be sent to all patients over the next five days.

Turkish vice president blasts new Israeli law
Ayman Odeh, the head of the Arab Joint List, pulled out a black flag and waved it during his speech, warning of the implications of the law.

Modi slams previous UPA regime for shoddy work on electrification
Young Aarti Sharma from Jammu and Kashmir thanked Prime Minister Modi for this wonderful gift. The original target was to complete this electrification by 31 December 2018.