53rd GST Council likely to take up rate rationalisation in its June 22 meeting

The fitment committee, which is expected to convene within the next few days, is likely to discuss the possibility of GST rate rationalisation, sources told BT TV. Several meetings were held in late May to address pending agenda items. A Group of Ministers on Rate Rationalisation (GoM), led by Uttar Pradesh Finance Minister Suresh Khanna, is yet to finalise its recommendations on rate rationalisat…