Key Highlights of the 55th GST Council Meeting The 55th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, was held on December 21, 2024, in Jaisalmer, Rajasthan. Here are the key takeaways: Rate Changes ~ Fortified Rice Kernels: GST rate reduced to 5%. ~ AAC Blocks (50% Fly Ash): GST rate lowered to 12%….
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