<img title="Kerala Finance Minister Thomas Issac. Pic/AFP" src="http://images.mid-day.com/images/2016/dec/thomas-issac.jpg" alt="Kerala Finance Minister Thomas Issac. Pic/AFP" width="450" height="317" /> Kerala Finance Minister Thomas Issac. Pic/AFP
Kerala Finance Minister Thomas Issac on Monday said with the Goods and Services Tax (GST) coming into effect, prices of 85 per cent items should come down. Issac also announced that the state government had come out with the revised tax rates compared to what it was prior to July 1.
"Traders, who sell items on more than the MRP, will be proceeded against with the relevant laws in the GST Act under the anti-profiteering law," he told reporters.
He said items like chicken, unbranded atta, maida would have no tax following the imposition of GST, while tax on soaps, toothpastes and hair oils will come down by 12 per cent.
He released a list of 101 items indicating the previous and the new tax rates.

Kerala Finance Minister Thomas Issac on Monday said with the Goods and Services Tax (GST) coming into effect, prices of 85 per cent items should come down

GST should make 85% items cheaper in Kerala, says state minister Thomas Issac

Mayank Shekhar: May the farce be with you

Kerala Finance Minister Thomas Issac on Monday said with the Goods and Services Tax (GST) coming into effect, prices of 85 per cent items should come down

GST should make 85% items cheaper in Kerala, says state minister Thomas Issac

Trending Stories

Latest Photos

Latest Videos

Latest Web Stories

Mid-Day Fast

Home / News / India News / Article / GST should make 85% items cheaper in Kerala, says state minister Thomas Issac

GST should make 85% items cheaper in Kerala, says state minister Thomas Issac

Trending Stories

Latest Photos

Latest Videos

Latest Web Stories

Mid-Day Fast