Decision on GST rates for commodities on May 18

The Goods and Services Tax (GST) Council will decide on applicable tax rates for commodities on May 18, said M Vinod Kumar, Chief Commissioner of Central Excise here. Addressing a workshop on GST, organised by the Bangalore Chamber of Industry and Commerce (BCIC), Kumar said, “In all probability, we will freeze the allocation of commodities into the agreed tax rates under the GST, which is widely…