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Fixing GST rates for 6 remaining items will be challenging; here's why

Five key messages from GST Council's 14th meet and three thoughts on what future looks like for GST

A K Bhattacharya  |  New Delhi 

The Goods and Services Tax (GST) Council on Friday concluded its 14th meeting in Srinagar, Jammu & Kashmir, and there now are five broad messages coming out loud and clear.   The first message: While commendable progress was made in Srinagar by fixing rates of more than 1,200 goods and 500 services, a few more politically significant issues still remain to be sorted out. That is not going to be easy. Remember that just about 40 days are left before the planned GST rollout from July 1, 2017.   Fixing the six rates   Fixing the rates for six politically sensitive items ...

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First Published: Sat, May 20 2017. 15:13 IST