Revenue concerns may push back further GST cuts

The January meeting will not discuss rate reduction and the focus will be on stabilising revenue collection

With revenue concerns surfacing, a reduction in goods and services tax (GST) rates for consumer durables in the 28 per cent slab may take longer than expected.

With almost three months to go for the fiscal year to end, pruning the 28 per cent slab again may not happen in the next GST Council meeting in January. The reduction in rates for more than 200 items in the November meeting had raised expectations that white goods would be taken out of the 28 per cent slab.

According to officials, the January meeting will not discuss rate reduction and the focus