The Goods and Services Tax or GST will bring good news for crores in the country. In a crucial meeting, the GST council in Srinagar today finalised the rates at which various commodities will be taxed once the one tax for all kicks in from July 1. Staples like pulses and rice will get cheaper. Both of these along with foodgrain have been added to the exempt list, which means there will be no GST on these commodities. Till now both the staples invited taxes in different states between 1 and 5 per cent. Milk has been added to the exempted category though in states like UP it was not taxed.
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