FM dispels concern of rise in GST rate, says there is not even one such item

FM dispels concern of rise in GST rate, says there is not even one such item https://www.taxtmi.com/news?id=33677 No item's GST rate has been increased since GST implementation and the average rate has decreased from 15.8 percent to 11.3 percent due to reductions made by the GST Council. The GST Council, a constitutional body comprising Union and State/UT finance ministers, examines item-by-item rate reductions and recommends rates, including floor rates with bands, and the Government notifies GST rates based on those recommendations. en-us Tue, 11 Feb 2025 20:31:03 +0530 Tue, 11 Feb 2025 20:31:03 +0530 TaxTMI RSS Generator FM dispels concern of rise in GST rate, says there is not even one such item https://www.taxtmi.com/news?id=33677 No item's GST rate has been increased since GST implementation and the average rate has decreased from 15.8 percent to 11.3 percent due to reductions made by the GST Council. The GST Council, a constitutional body comprising Union and State/UT finance ministers, examines item-by-item rate reductions and recommends rates, including floor rates with bands, and the Government notifies GST rates based on those recommendations. News - Tue, 11 Feb 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=33677