Industry bodies send representations to GST Council nominated GOM on rate rationalisation

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Industry bodies send representations to GST Council nominated GOM on rate rationalisation.

Sectors like Textiles, agriculture and food commodities, FMCG goods, services seek status quo on rates .

Bommai panel to soon call next GOM to discuss GST rates, proposal to merge slabs.

States not in favour of major rate changes’ industry seeks stability.

States comfortable with correction of inverted duty structure.


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