Finance Minister Arun Jeitley revives GST in 66 items after the meeting
The Goods and Services Tax (GST) Council at its 16th meeting here on Sunday revised the rates of 66 items out of the 133 for which representations had been received seeking change from the fitments originally made in the four-slab indirect tax structure, Union Finance Minister Arun Jaitley said.
Following the 15th meeting of the council here earlier this month, held to decide on the six remaining items — including gold and beedi — from the Srinagar meeting which had decided upon 1,211 items, Jaitley had said that a committee of officers would examine rate adjustments, if any, based on the representations received from different trade and industry associations. Their recommendations were taken up by the council on Sunday.
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Following the 15th meeting of the council here earlier this month, held to decide on the six remaining items — including gold and beedi — from the Srinagar meeting which had decided upon 1,211 items, Jaitley had said that a committee of officers would examine rate adjustments, if any, based on the representations received from different trade and industry associations. Their recommendations were taken up by the council on Sunday.
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