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".

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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.

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