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Council may reduce Tax rates on specific items with low revenue impact. 

Posted on 19 July 2018 | 6:16 am by admin

The GST Council plans to decrease tax rates on several items having low revenue impact as part of the tax rationalization exercise during the meeting which shall be held on July 21st. Items which are susceptible for tax rate reduction include: Handlooms, handicrafts, and other services. GST Council members and other stakeholders have proposed tax […]

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