Finance ministry not in favour of raising GST rates on non-essential items

Live Mint

NEW DELHI: The finance ministry is not in favour of raising Goods and Services Tax (GST) rates even on non-essential items at a time its revenue collections are expected to be badly hit by the ongoing nationwide lockdown to contain the spread of covid-19. A senior finance ministry official, on the condition of anonymity, said the GST Council meeting is likely to be convened next month. "Post the l…

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