GST: Cabinet secy P K Sinha reviews price of essential commodities

Similar reviews to be held for the next few weeks to ensure no spike in prices

To ensure that prices of essential commodities, particularly daily use items, don’t shoot up due to implementation of the goods and services tax (GST), the central government on Monday held a high-level meeting of senior officials from the departments of textile, food and consumer affairs, food processing, railways, micro, small and medium enterprises, rural development, tourism, fertiliser, pharmaceuticals and financial services, among others. 

Officials said all necessary steps, including revision of import duties on certain items such as sugar and edible oils, could be taken to nullify any possible impact of the GST on prices and supplies. 

“The government has