BusinessGST Roadmap To Be To Work Towards A Single Rate Between 12%, 18%: Arun Jaitley
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GST Roadmap To Be To Work Towards A Single Rate Between 12%, 18%: Arun Jaitley
Government aims to simplify Goods and Services Tax structure
A single standard rate instead of two rates of 12%, 18% on the cards
Government to also look at transferring cement into a lower GST rate
Arun Jaitley said the government will look at transferring cement into a lower GST slab
The government is working towards a single national sales tax rate which could be a mid-point between 12 and 18 per cent, Finance Minister Arun Jaitley said on Monday, in an effort to simplify the tax structure.