From cars to biscuits, GST Council to decide on rate cuts in Friday meeting

The all-powerful GST Council will at its Goa meeting next week consider demands for reducing taxes on products ranging from cars to biscuits keeping in mind the revenue position as any cut will have a direct impact on earnings of states, a senior government official has said. The GST Council, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states…