GST rates need to be rationalised: Finance Secretary

Finance Secretary Tuhin Kanta Pandey emphasized the need for GST rate rationalisation following the experience gained since its implementation in 2017. He noted that the GST Council’s group of ministers (GoM) is working on suggesting changes, with further consultation required with states. The GST structure currently includes slabs of 5, 12, 18, and 28 per cent.

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