Fitment panel to discuss cement GST reduction

A committee of central and state officers that reviews Goods and Services Tax (GST) rates will look into suggestions for tax rate cut on cement for the GST Council’s consideration, Central Board of Indirect Taxes and Customs (CBIC) chairperson Vivek Johri said on Friday.

Advertisements

The next meeting of the GST Council is scheduled for 18 February, which will consider legal and tax rate-related matters that have already been reviewed by the fitment committee but the cement issue is not likely to figure in the February meeting of the Council.

Read more at : Livemint

Share this content:

Leave a Reply

Your email address will not be published. Required fields are marked *