GST Reforms: Group of Ministers accepts 2-slab structure proposal, check details

The Group of Ministers (GoM) of state ministers on Goods and Services Tax (GST) rate rationalisation has accepted the Centre's proposal to move to a two-slab structure of 5 and 18 per cent. Confirming the decision, Bihar Deputy Chief Minister and convenor of rate rationalisation GoM Samrat Choudhary said the six-member state ministerial panel has also accepted the proposal of removing the 12 and 28 per cent slabs.

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