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GST collections expanded just 1.7 per cent in July, the slowest growth rate since the Centre began publishing monthly net receipts
The GST Council is also likely to update the tax administration system to ensure a smooth transition and shield businesses from additional costs
PM Modi announced new GST rates as a Diwali gift, cutting prices on many goods. ACs, snacks, mobiles, soaps and cement will get cheaper. Check full list of items here
Nearly 99 per cent of items currently taxed at 12 per cent are expected to move to the 5 per cent slab, while most of the goods in the 28 per cent bracket would fall under the 18 per cent rate
Gandhi's immense popularity in poll-bound Gujarat dwindled the list of 28% tax slab
recommendations made by the GST Council are in spirit of the continuous feedback we are getting from various stakeholders on GST
A uniform 5% tax was prescribed for all restaurants, both air-conditioned and non-AC