12%, 18% GST rates can be merged to new slab

Bihar Deputy Chief Minister Sushil Modi on Friday said the Goods and Services Tax (GST) Council would examine the possibility of merging the 12 and 18 per cent tax rates to a new slab. Sushil Modi, a member of the GST Council, has also suggested it that price tags displayed on items be inclusive of all taxes. "The GST Council will put an effort to examine the possibility of merging the tax rates o…