https://www.taxtmi.com/news?id=16781 The proposed multi-tier GST rate structure aligns new rates with existing effective tax burdens to minimise CPI inflation and preserve government revenue, keeping many essential items zero-rated; limited aggregate sectoral impact is expected. Implementation requires passage of central and state GST legislation in forthcoming sessions and deployment and testing of IT infrastructure by December to enable the planned rollout. en-us Fri, 04 Nov 2016 16:09:57 +0530 Fri, 04 Nov 2016 16:09:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16781 The proposed multi-tier GST rate structure aligns new rates with existing effective tax burdens to minimise CPI inflation and preserve government revenue, keeping many essential items zero-rated; limited aggregate sectoral impact is expected. Implementation requires passage of central and state GST legislation in forthcoming sessions and deployment and testing of IT infrastructure by December to enable the planned rollout. News - Fri, 04 Nov 2016 16:09:57 +0530 https://www.taxtmi.com/news?id=16781