Business Standard

GST Council meet: Pruning exemptions on curd, paneer, some veggies on cards

Exemptions may also be withdrawn on certain services such as business class flights from NE airports and certain hospital room categories

GST, TAX
Premium

The report has outlined pruning exemptions on 15 items such as lassi, butter milk, pappad, certain foodgrain (oats, millets, bajra), jaggery, and certain vegetables, according to people privy to the interim report

Shrimi Choudhary New Delhi
The all-powerful GST Council is set to take up an interim report by a high-level ministerial panel on rate rationalisation, suggesting hiking rates on a slew of items such as leather goods, printing ink and LED lights to 18 per cent and removing exemptions given to mass products like curd, paneer, puffed rice, oats and millets.

The ministerial panel led by Karnataka Chief Minister Basavaraj S Bommai is likely to table its report to the Council this week, and may also seek three months' time to submit its final report on restructuring of the current GST slabs.

The report has

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 26 2022 | 9:33 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com