GoM may push for hiking GST on some goods, services

Business Line

A Group of Ministers (GoM) under Karnataka Chief Minister Basavraj S Bommai’s convenorship, which began thrashing out issues related to GST rate rationalisation on Friday, is expected to recommend raising rates on some goods and services to ensure that the Revenue Neutral Rate (RNR) reaches the level it was at the time of introduction of GST. Sources said a majority of the members in GoM supported…

Sign in to read the full article

Create a free account or sign in to access the complete content.