Major rejig in GST rates for goods in 28% slab on anvil

In a comprehensive overhaul of the four-month-old goods and services tax (GST), the Centre and states are reviewing nearly half of items in the top bracket of 28% and allowing even larger firms to file returns once a quarter instead of every month. A senior official told TOI that the fitment committee, which decides on product-specific rates, is looking at proposals to pare the rates on 150-200 it…