How GST Will Impact Cost Of Bulb Across States

The goods and services tax bill, which was discussed over 7 hours in the Rajya Sabha on Wednesday, was finally given the green signal. It was a victorious moment for a bill that had been held for over a decade. Under the good and services tax, which still needs to be passed by 15 out of 29 state assemblies to finally become a reality in India, expectations are that tax on goods and services would be in the range of 18-24 per cent.