https://www.taxtmi.com/news?id=19032 Recommendation to rationalise GST rates by pruning the highest-rate tariff list and reallocating many goods to lower rate bands to reduce classification disputes and provide relief; coupled with targeted IGST/GST exemptions and import concessions, clarifications on inter-state movement and reverse charge for raw cotton, and service-sector rate and input-tax-credit adjustments for restaurants, handicraft job work and IP transfer, to be implemented by mid-November. en-us Fri, 10 Nov 2017 21:06:22 +0530 Sat, 11 Nov 2017 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19032 Recommendation to rationalise GST rates by pruning the highest-rate tariff list and reallocating many goods to lower rate bands to reduce classification disputes and provide relief; coupled with targeted IGST/GST exemptions and import concessions, clarifications on inter-state movement and reverse charge for raw cotton, and service-sector rate and input-tax-credit adjustments for restaurants, handicraft job work and IP transfer, to be implemented by mid-November. News - Fri, 10 Nov 2017 21:06:22 +0530 https://www.taxtmi.com/news?id=19032