Stay updated with breaking news from Rate Rationalisation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
FM Sitharaman said, recently, the GST Council in its 47th meeting recommended to reconsider the approach for imposition of GST on specified food items like pulses, cereals, flour, etc. There have been a lot of misconceptions about this that have been spread.
Sitharaman pointed out that this is not the first time these food articles are being taxed and that states were collecting significant revenue from foodgrain in the pre-GST regime.
New Delhi, July 19 (PTI): Facing criticism over GST on daily use items, Finance Minister Nirmala Sitharaman on Tuesday said the 5 per cent tax is being levied
46th GST Council Meet During the meeting which will be an extension of pre budget meetings with states and UTs that was held on Thursday Nirmala Sitharaman will hold discussions on rate rationalisation and correction in duty inversion in certain goods