Tag: GST council likely to consider a proposal to do away with 5 per cent slab

With most states on board to raise revenue so that they do not have to depend on Centre for compensation, the GST Council at its meeting next month is likely to consider a proposal to do away with the 5 per cent slab by moving some goods of mass consumption to 3 per cent and the remaining to 8 per cent categories,… Continue reading "GST council likely to consider a proposal to do away with 5 per cent slab"