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GST Council hikes tax on caffeinated beverages, cuts rates on hotel tariffs

GST council unanimously decided to reduce GST rates on marine fuels, stone grinders, tamarind, cut and polished semi-precious stones, petro products under HELP. This was disclosed by Union Finance Minister Nirmala Sitharaman to the media in Goa.

GST rate hiked on railway wagon, coaches from 5% to 12%. GST hiked on caffeinated beverages to 18% plus 12% cess from current 18%.
 

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