gst slabs

A group of ministers, mandated to look at rate rationalisation by the Goods and Services Tax Council, is mulling doing away with the 12% slab while retaining the 18% and 28% slabs. People aware of the development told ET that most of the…

On July 1, Goods and Services Tax (GST) completed five years of its existence. From its grand midnight launch at the historic central hall of Parliament to the 47th GST Council meet in Chandigarh earlier this week, it has been an…

By T M Thomas Isaac The experience of GST during the past 5 years have been far below the great expectations with which it was ushered in, particularly, from the point of view of the states. Many teething problems with respect to small…

The Group of Ministers (GoM) on goods and services tax (GST) rate rationalisation could not reach a consensus on inverted duty correction or changes in slabs at a virtual meeting on Friday, said people with knowledge of the matter. The…