States panel may propose a single 15% GST levy by merging 12% and 18% slabs

A panel of state ministers set up to suggest changes to the  GST  rate structure may propose a single 15% levy by merging the 12% and 18% slabs, but is wary of proposing an increase in the threshold rate to 8%, from 5%, given growing inflation concerns.  The group of ministers ( GoM ) is likely to meet this week to take a final call on rates and firm up its recommendations, people f…