Podcast | Here is the list of major items exempt from 28% GST tax slab

The GST council, in its 28th meeting, slashed a number of items that fell under the highest tax slab of 28 percent. These include many items such as washing machines, refrigerators, footwear, televisions up to a certain size, hotel bills below Rs 7500 per night, washing machines, vacuum cleaners, refrigerators, rakhis, sanitary pads, stone, marble and wooden deities among other items.

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