GST charge rationalisation: Group of Ministers fails to achieve consensus, finalises interim report – The Financial Occasions Video
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The Items and Companies Tax 7-member group of ministers on charge rationalisation headed by Karnataka Chief Minister finalised its interim report at the moment in a gathering held by video-conferencing. The report shall be submitted to the GST Council and is prone to be mentioned on the upcoming assembly on June 28-29 in Srinagar. Sources inform ET Now that the GST GoM didn’t make any recommendations on any improve in slab charges as instructed by the fitment committee. Additionally, no suggestion has been made on the merger of 12% and 18% slabs.
