News
Rate rationalisation: Govt mulls same GST rate for similar product categories
- Date:
- October 27, 2017
- Source:
- Money Control
The government is working towards aligning similar goods, classified under different Goods and Services Tax (GST) rates, into one particular tax slab, in a bid to avoid multiplicity of rates, which may lead to possible disputes, two senior government officials in know of the matter said. For instance, dried fish attracts a 5 percent tax, while 0 percent tax is levied on whole fish (not fillet or f…