Mobile phones to get more as GST increased to 18% from 12% earlier

The decision to hike the rate on mobile phones was taken in the 39th GST Council meeting chaired by the FM.

Mobile phones will attract an 18% goods and services tax (GST) rate from April 1, 2020, up from existing 12%, after the GST Council corrected the inverted duty structure that was being faced by the industry. The Council, however, deferred rationalizing the tax structure of fertilizers, man-made yarn, fiber, and footwear, to the next meeting.