GST Council meeting unlikely this month as some issues couldn't be taken up

The Goods and Services (GST) Council meeting may not happen this month as some key issues, like rate rationalisation, couldn’t be taken up. Moreover, the Group of Ministers (GoM) is yet to take any view on this.

The panel was expected to submit a report by last month and suggest various steps to raise revenue, including hiking the lowest slab and rationalising the slab. Currently, GST is a four-tier structure attracting tax rates of 5, 12, 18, and 28 per cent.

“The last two meetings didn’t reach any conclusion plus no fresh meeting is slated so far,” two state finance ministers, also