GST Council to refer GST rates on cigarettes, bidis to rate rationalisation panel

GST Council meeting: The Goods and Services Tax (GST) Council may refer the issue of GST rates on cigarettes, bidis to the Rate Rationalisation Committee to notify maximum tax rate of 20% under CGST and 20% under SGST from the current 28%, sources told Business Today on Tuesday.   Last week, the Centre declared the next Goods and Services Tax (GST) Council on June 22, eight-and-a-half months…