GST Council to look at pruning exemption list, fix anomalies: Revenue Secretary

NEW DELHI: The Goods and Services Tax (GST) Council will at its next meeting look at pruning the list of tax-exempt items and fixing the anomaly of raw materials getting taxed more than certain finished products, while sticking to the overall principle of tax stability, revenue secretary Tarun Bajaj said on Wednesday. However, the current tax rates on four wheelers (28%) which also attract a GST c…