https://www.taxtmi.com/news?id=18115 The GST Council will determine tax rates and any cess for six deferred commodity categories, and approve amendments to draft GST rules and required forms. The decision will place the remaining items into existing GST rate brackets and resolve procedural proformas. Key policy questions include rate design linked to input tax credit-for example proposals to apply a reduced rate with credit on precious metals to maintain current effective incidence-and whether to exempt lower-priced biscuits or place them in a higher rate bracket. en-us Fri, 02 Jun 2017 15:33:01 +0530 Fri, 02 Jun 2017 15:33:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18115 The GST Council will determine tax rates and any cess for six deferred commodity categories, and approve amendments to draft GST rules and required forms. The decision will place the remaining items into existing GST rate brackets and resolve procedural proformas. Key policy questions include rate design linked to input tax credit-for example proposals to apply a reduced rate with credit on precious metals to maintain current effective incidence-and whether to exempt lower-priced biscuits or place them in a higher rate bracket. News - Fri, 02 Jun 2017 15:33:01 +0530 https://www.taxtmi.com/news?id=18115