The federal government has proposed 10pc General Sales Tax on all stationery items in the amended Finance Bill of Budget 2024-25.
According to the Finance Bill, the government has proposed to end tax exemption on stationery items and has imposed 10pc GST on all items.
The 10pc sales taxes is proposed on pencils of all brands, inks, erasers, sharpeners, ball point, markers. The tax will be implemented on all the stationery items from July 1 (FY2024-25).
