A- A A+
Last Updated : Nov 27 2020 10:35PM     Screen Reader Access
News Highlights
PM Modi to visit Ahmedabad, Pune and Hyderabad tomorrow to review COVID-19 vaccine development and manufacturing process            COVID-19 recovery rate reaches 93.65 per cent            Chief Economic Advisor says Gross Domestic Product estimates more encouraging than anticipated in Quarter two; Agriculture sector registers 3.4 per cent growth            Environment Minister Prakash Javadeker launches India Climate Change Knowledge Portal            All arrangements in place for first phase of DDC elections in Jammu and Kashmir tomorrow           

National News

Jul 15, 2020
6:54PM

Govt. says, GST rate reduction on sanitizers would help neither manufacturers nor consumers

AIR
The government today said, reduction in the GST rate would help neither manufacturers nor consumers. The issue of GST rate on alcohol based hand sanitizers has been reported in a few sections of media. 

In a release, the government clarified that sanitizers attract GST at the rate of 18 per cent. Sanitizers are disinfectants like soaps, anti-bacterial liquids and dettol which all attract a duty standard rate of 18 per cent under the GST regime. The GST rates on various items are decided by the GST Council where the Central Government and all the State governments together deliberate and take decisions. 

Chemicals, packing materials and input services used for manufacture of hand sanitizers also attract a GST rate of 18 per cent. Reducing the GST rate on sanitizers and other similar items would lead to an inverted duty structure and put the domestic manufacturers at a disadvantage vis-a-vis the importers of hand sanitizers. 

Lower GST rates can only help imports by making them cheaper. This is against the government’s policy on Atmanirbhar Bharat. Consumers would also eventually not benefit from the lower GST rate if domestic manufacturing suffers on account of inverted duty structure. 
 

Live Twitter Feed

Listen News

Morning News 27 (Nov) Midday News 27 (Nov) Evening News 27 (Nov) Hourly 27 (Nov) (1910hrs)
समाचार प्रभात 27 (Nov) दोपहर समाचार 27 (Nov) समाचार संध्या 27 (Nov) प्रति घंटा समाचार 27 (Nov) (2200hrs)
Khabarnama (Mor) 27 (Nov) Khabrein(Day) 27 (Nov) Khabrein(Eve) 27 (Nov)
Aaj Savere 27 (Nov) Parikrama 27 (Nov)

Listen Programs

Market Mantra 27 (Nov) Samayki 9 (Aug) Sports Scan 27 (Nov) Spotlight/News Analysis 27 (Nov) Employment News 27 (Nov) World News 27 (Nov) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 27 (Nov) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 21 (Nov) North East Diary 26 (Nov)