GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Revenue Secretary Adhia Uses Social Media to Dispel Tax Rumours

Hashmukh Adhia, the bureaucrat most responsible for shepherding the GST, has used social media quite actively to clarify matters regarding GST. He has also held 'masterclass' on the new tax to dispel confusion among stakeholders.

Tushar Dhara | News18.com

Updated:July 30, 2017, 2:35 PM IST
facebookTwittergoogleskypewhatsapp
Revenue Secretary Adhia Uses Social Media to Dispel Tax Rumours
File photo of Revenue Secretary Hasmukh Adhia. (File image: REUTERS).
New Delhi: Revenue Secretary Hasmukh Adhia issued a caution on the tax rate on branded foodgrain on Twitter.




The tax rate on branded food grains is 5% while on unbranded grain is nil. There has been confusion about the tax rates on various items ever since GST was implemented on July 1.

Hashmukh Adhia, the bureaucrat most responsible for shepherding the GST, has used social media quite actively to clarify matters regarding GST. He has also held 'masterclass' on the new tax to dispel confusion among stakeholders.

The goods and serves tax rolls 17 indirect levies into a single, multi-tiered rate. Most goods and services are now taxed at 4rates between 5% and 28%.

Also Watch

| Edited by: Puja Menon
Read full article
Most Active
Company Price Change %Gain
Reliance 920.80 +4.95 +0.54
Vedanta 251.80 +1.20 +0.48
TCS 3,585.80 -17.90 -0.50
United Spirits 3,250.30 +131.15 +4.20
SBI 266.95 -1.55 -0.58
Company Price Change %Gain
HDFC 1,820.00 +13.95 +0.77
Just Dial 507.40 +42.55 +9.15
Avenue Supermar 1,497.45 +93.25 +6.64
PC Jeweller 192.45 +4.40 +2.34
United Spirits 3,251.00 +128.95 +4.13
Top Gainers
Company Price Change %Gain
Indiabulls Hsg 1,172.10 +60.30 +5.42
Hindalco 245.50 +11.40 +4.87
IOC 163.45 +7.55 +4.84
ONGC 175.45 +7.75 +4.62
HPCL 295.20 +11.95 +4.22
Company Price Change %Gain
ONGC 175.35 +7.70 +4.59
Tata Steel 567.20 +18.80 +3.43
Yes Bank 339.45 +8.95 +2.71
Adani Ports 379.90 +8.70 +2.34
IndusInd Bank 1,914.75 +43.55 +2.33
Top Losers
Company Price Change %Gain
Coal India 275.60 -4.50 -1.61
Tech Mahindra 702.75 -8.60 -1.21
Bharti Infratel 314.85 -3.50 -1.10
ITC 272.30 -2.55 -0.93
ICICI Bank 295.65 -2.05 -0.69
Company Price Change %Gain
Coal India 276.05 -3.80 -1.36
ITC 271.95 -2.85 -1.04
SBI 267.00 -1.50 -0.56
TCS 3,589.45 -15.35 -0.43
ICICI Bank 296.50 -0.75 -0.25