CBIC Rejects Media Reports as Speculative on GoM’s GST Rate Recommendations

The Central Board of Indirect Taxes and Customs (CBIC) has rejected media reports regarding the group of ministers (GoM) recommendations on goods and services tax (GST) rate changes on various goods and services saying that such reports are premature and speculative. CBIC says that GST council has not received any recommendations of GoM and no GST rate changes have been deliberated.   “…