News
Spare us from steepest slab of 28% under GST: Stamp collectors to Arun Jaitley
- Date:
- May 13, 2017
- Source:
- Economic Times
Stamp collectors have written to finance minister Arun Jaitley asking him to spare their hobby from the steepest slab of 28% under the goods and services tax (GST), which is expected to be rolled out on July 1. The fear is that collectibles such as stamps, coins, paintings and antique items may be treated as ‘unclassified goods’ and hence face the highest GST rate. “We are aware that the governmen…