GST on mobile phones, textiles likely to be increased in Saturday meeting

One proposal before the Council is to hike the rate on mobile phones to 18%

Goods and services tax (GST) rates on mobile phones, footwear,  textiles and fertiliser are likely to be raised on Saturday. That is when the GST Council meets as part of an exercise to correct an inverted duty structure and to boost revenue collection.
 
The proposal for a monthly lottery scheme for consumers, with a bumper prize of Rs 1 crore, will also be placed before the Council — the aim is to encourage invoice collection by buyers.
 
“The  inverted duty structure under GST needs to be corrected, it is resulting in huge refunds outgo. Mobile phones, fabric and