Finance Ministry seeks public comments on GST rules

The  Finance Ministry  today placed 8 set of rules in public domain, which will be applicable once the Goods and Services Tax (GST) is implemented from July 1. The government has sought comments from industry on the 4 set of new rules on -- GST Composition, GST Valuation, GST Transition and GST ITC.  These rules had received the "tentative" approval at the the GST Council meeti…