GST Council may take up issue of inverted duty structure on May 28

The Goods and Services Tax (GST) Council, in its meeting on May 28, may take up the issue of inverted duty structures in key sectors that ends up making import duties on input goods higher than on finished goods,  Moneycontrol  has learnt. The agenda of the meeting, which will be chaired by Finance Minister Nirmala Sitharaman, will likely include discussions on reducing or zero-rating GS…