GoM veers around levying 3% GST on sale of old gold

CNBC TV18

A panel of state finance ministers on Friday veered around a proposal to levy 3 per cent GST on sale of old gold and jewellery to check tax evasion, Kerala Finance Minister Thomas Isaac said. The Group of Ministers (GoM) also decided to implement e-way bill for transportation of gold within the states, but implementing it for inter-state movement was not considered feasible. The panel also decided…

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