GoM may suggest pruning GST exemption list ahead of Council meeting

An empowered group of ministers (GoM) — set up to look into rate rationalisation — may propose pruning  Goods and Services Tax  (GST) exemptions on certain goods and services and correcting the inverted duty structure during the next  GST  Council meeting. The ministerial panel, which is likely to meet ahead of the Council meeting, may defer its rate rejig agenda until easing o…