Modi warns action for not selling goods at reduced prices after GST reduction

Bihar Deputy Chief Minister Sushil Kumar Modi, also convenor of Goods and Services Tax (GST) council, today warned heavy fines against those not selling goods at reduced prices after reduction in GST announced by the government.

Mr Modi said here that GST council in its last meeting had decided to reduce GST on 88 goods, including washing machine, vacuum cleaner, fridge, water cooler and others. GST rates had been reduced from 28 to 18 per cent on these goods and notification to this effect had also been issued in all states including Bihar, he added.

“A number of companies including Hindustan Uniliver, Flipkart, Amazon had been fined for not selling their goods at reduced prices after reduction of GST,” Mr Modi said, adding that Hindustan Uniliver was alone slapped fine of Rs 119 crores for not complying with the government decision.

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