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

Sep 21, 2019

GST Council more than doubles  tax on caffeinated beverages to 40 per cent and slashes rate on hotel room tariffs; GST cut on marine fuel to 5 per cent while the same on railway wagons, coaches, rolling stock increased from 5 per cent to 12 per cent.

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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