The Agro Food Chamber of Commerce and Industry, in its suggestion to the Centre, said that all similar products can be grouped under one taxation rate in order to simplify the implementation of the Goods and Services Tax (GST).
In a press release, its founder president S. Rethinavelu urged the Prime Minister to intervene in the GST issue. He suggested that the Group of Ministers appointed by the GST council to study the rate of tax of each and every commodity could instead study the possibility of levying a single rate of tax to all the commodities covered under one Section of the Harmonised System of Nomenclature (H.S.N.) Code structure under which GST tax rates have been fixed, so that confusions can be averted.
Read more at: The Hindu
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