The GST Council has proposed a uniform GST rate of on all types of milk cans regardless of their mat...........

Current GK (SBI-PO) Indian Economy

The GST Council has proposed a uniform GST rate of _______________ on all types of milk cans, regardless of their material in the GST cpuncil meeting held on June 22, 2024.

12%

10%

16%

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Explanation:

The GST Council has proposed a uniform GST rate of 12% on all types of milk cans, regardless of their material — steel, iron, or aluminum — based on their standard shape designed specifically for milk storage. Finance Minister Nirmala Sitharaman announced this after the GST council meeting held today, June 22, highlighting its simplification and uniform application.