GST: GoM yet to take a view on rate rationalisation

Apr 19, 2022

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NEW DELHI: A bunch comprising ministers from states is but to finalise a report on rationalisation of GST charges and a choice shall be taken in the end, sources stated.
The Group of Ministers (GoM) will deliberate and finalise suggestions which shall be despatched to the GST Council, headed by Finance Minister Nirmala Sitharaman and comprising state finance ministers.
No view on charge rationalisation has but been taken by the GoM, the sources stated.
There was a thought in some quarters that the slab of 5 per cent could also be damaged into 3 per cent and eight per cent, and the remaining slabs of 12, 18 and 28 per cent will proceed.
However no view on charge rationalisation has but been taken by the GoM, not to mention the GST Council.
The decision on tinkering the charges is a political choice and the identical will weigh when the GST Council takes a view on it, the sources stated.



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