Centre to resist demand for pruning 28% slab

Several state governments are pitching for a further pruning of the highest GST slab of 28% but the GST Council meeting scheduled for June 20 here is unlikely to take a decision on this, as the Centre is wary of the revenue implications of the move. Two important items for which a rate cut to 18% has been sought are two wheelers and cement, for which the annual revenue impacts are seen to be Rs 8,…