New Delhi: The GST Council decided on Saturday to reduce the GST syrup from 18 percent to 5 percent, and exempt alcohol for human consumption from the levy. Chhattisgarh Deputy Chief Minister TS Singh Deowho is a member of the GST Council, said that extra neutral alcohol (ENA) for industrial use will continue to pick up Goods and services tax (GST).
“ENA (potable alcohol) for human consumption will be exempted from GST and the same will be communicated to the High Council,” Deo told reporters after the 52nd GST Council meeting.
The tax rate on molasses, a by-product of sugarcane and used as raw material for alcohol production, has been reduced to 5 percent from the current 18 percent, Deo added.
He further said that some states like Delhi and Goa were raising the issue of online gaming companies facing GST filing for alleged evasion.
“There was retrospective discussion on the charges (tax returns) for these companies. Since DGGI is an independent body, there cannot be any interference. The GST Council chairman said she would make clarifications available if required to DGGI,” Deo added. .
“ENA (potable alcohol) for human consumption will be exempted from GST and the same will be communicated to the High Council,” Deo told reporters after the 52nd GST Council meeting.
The tax rate on molasses, a by-product of sugarcane and used as raw material for alcohol production, has been reduced to 5 percent from the current 18 percent, Deo added.
He further said that some states like Delhi and Goa were raising the issue of online gaming companies facing GST filing for alleged evasion.
“There was retrospective discussion on the charges (tax returns) for these companies. Since DGGI is an independent body, there cannot be any interference. The GST Council chairman said she would make clarifications available if required to DGGI,” Deo added. .
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