TaxTMI 
TaxTMI 
TaxTMI 
Clarification related to the misleading reports of purported feedback sought on raising GST Rates on 143 items
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....larification related to the misleading reports of purported feedback sought on raising GST Rates on 143 items <br>GST<br>Dated:- 26-4-2022<br><BR>It has been noted that a section of the media has repo....
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....rted that feedback has been sought from States regarding a suggestion for raising Good & Services Tax (GST) rates on 143 items. Some reports have even carried the number and description of items. It ....
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....is clarified that no feedback from States has been sought on the GST rates for any specific items or specific proposals to restructure the rates and the reports regarding the same are purely speculati....
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....ve without any basis in fact. The GST Council, in its 45th Meeting had formed a Group of Ministers (GoM) to look into the rationalization of rates. The deliberations of the Group are ongoing. The vie....
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....ws of the States were sought generally on the Terms of References (ToRs) of the GoM soon after it was set up in September, 2021. A report of the Group is yet to be submitted to the Council for conside....
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....ration.<BR> News - Press release - PIB....