GoM may propose GST rejig on several items; likely to generate ₹22,000 crore surplus

The GST Council nominated Group of Ministers (GoM) on rate rationalisation is likely to propose rate rejig on several items, including packaged drinking water of more than 20 litres, exercise books, expensive shoes and watches etc which could generate additional revenue surplus of ₹22,000 crore, sources privy to the developments told CNBC-TV18. In its meeting on Saturday (October 19) in New Delhi,…