India · English
GST Rate Changes To Be Considered Once A Year, Take Effect From April 1, Say Finance Ministry Sources
New Delhi, Oct 6: The GST Council will take up any proposal for tax rate changes only once a year and henceforth, all GST rate changes will be implemented from April 1 -- the beginning of a fiscal year, Finance Ministry sources said. The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, had in September last year decided to rationalise tax rates…
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