The Prime Minister Narendra Modi on Monday, September 8, urged the NDA (National Democratic Alliance) to organize a “Swadeshi” to promote Made-In-India products and organize meetings with merchants to reduce goods and services (GST), informed PTI. According to sources, this will take this year from Navratri to Diwali.
PM Modi emphasized the topic “Swadeshi” during his address deputies at a meeting held before the vice presidential elections 9 September.
According to PTI sources, he stressed that the GST rates introduced by his government created a positive “wave” and called on deputies to build on this dynamics by joining the public through meetings. He also emphasized the importance of promoting products on the domestic market and encouraged Members to organize special fairs to support goods in Indian goods in their election districts.
August 25 PM Modi encouraged citizens to prefer “Made in India” products during the coming holiday season. He stressed that the purchase of locally produced goods for festivals such as Navratri, Vijayadash, Dhanteras and Diwali, would support the Indian path to self -sufficiency and strengthen economic growth.
The Prime Minister, who spoke at the public event in Ahmedabad after the opening and launch of several development projects, resumed his call to promote “Swadeshi”. He recalled consumers and businesses to choose products on the domestic market as a means of strengthening the economic foundation of the nation.
“This is a period of festivals. Our country prefers the purchase of goods that is” made in India “.
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He called on businesses to avoid selling imported goods, adding: “These small but impressive steps can play an important role in the leadership and prosperity of our nation.”
GST Council meetings
At the 56th meeting, the GST Council agreed to streamline the structure of the GST consolidation of existing boards to two primary rates – 5% and 18% by merging the previous 12% and 28% of categories.
The 5% board covers basic goods and services. This includes food and kitchen clamps such as butter, ghee, cheese, milk sprays, pre -wrapped snacks like Namkeens, Bhujia and mixtures, as well as tools. It also applies to agricultural tools and machines, including irrigation systems of dripping, sprinklers, bio-placements, micronutrients, soil preparation and harvesting, tractors and tractors tires. This category also includes products from small industries and crafts, such as sewing machines and their components, along with health objects such as medical devices and diagnostic sets.
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The 18% board is set as a standard GST rate for most goods and services. This includes vehicles such as small vehicles and motorcycles with engines, up to 350 cc, various electronic and domestic consumer goods and certain professional services. All parts of cars are evenly taxed at this rate.
The 40% GST rate remains usable for luxury and sin. This includes products such as tobacco, pans of masala, cigarettes, bidis and sweet carbonated drinks, as well as luxury items such as top vehicles, motorcycles over 350 cc, yachts and helicopters.
In addition, several basic services and educational items are completely exempt from GST. They consist of individual and family health insurance, life insurance and specific services related to education and health care.
(With the entry from agencies)
(Tagstotranslate) GST rate
