Forum makes submission on recommendations for rationalisation of GST rates across sectors


In the 47th Meeting of the GST Council held in June this year, the Group of Ministers (GoM) on Rate Rationalisation (led by Mr. Basavaraj Bommai, Chief Minister of Karnataka) had submitted an interim report with its recommendations. Ahead of the next meeting of the GST Council which is likely to be held by the end of September, the Tax Forum has made a representation to the GoM on behalf of the industry summarising the recommendations for rationalising GST rates across sectors.