GST Council has not sought states' views on hiking tax rates: Sources

GST Council has not sought states' views on hiking tax rates: Sources

The panel of ministers looking into GST rate rationalisation is yet to submit its report to the GST Council

AgenciesUpdated: Sunday, April 24, 2022, 05:54 PM IST
article-image
There is also no proposal to shift more than half of items to the highest tax GST slab of 28 per cent./ Representative image |

The GST Council has not sought views from states on hiking tax rates, sources said on Sunday.

They said that the panel of ministers looking into GST rate rationalisation is yet to submit its report to the GST Council.

Stating that views have not been sought from states on hiking rates on 143 items, sources said, there is also no proposal to shift more than half of items to the highest tax GST slab of 28 per cent.

The Council had last year set up a panel of state ministers, headed by Karnataka Chief Minister Basavaraj Bommai, to suggest ways to augment revenue by rationalising tax rates.

(With inputs from PTI)

RECENT STORIES

Unravelling The Mysterious Abbreviations Associated With Mumbai Metropolitan Region

Unravelling The Mysterious Abbreviations Associated With Mumbai Metropolitan Region

India To Be US Dollar 5 Trillion Economy By End Of 2025, Says Union Home Minister Amit Shah

India To Be US Dollar 5 Trillion Economy By End Of 2025, Says Union Home Minister Amit Shah

World Bank Introduces Broad Programme To Address India's Air Pollution Crisis

World Bank Introduces Broad Programme To Address India's Air Pollution Crisis

Jamnalal Bajaj Foundation Awards 2023: CJI DY Chandrachud Felicitates Winners

Jamnalal Bajaj Foundation Awards 2023: CJI DY Chandrachud Felicitates Winners

Asian Development Bank Injects US Dollar 250 Million To Boost India's Industrial Corridors

Asian Development Bank Injects US Dollar 250 Million To Boost India's Industrial Corridors