A Group of Ministers (GoM) was constituted to look into the GST rate rationalization apart from certain other issues referred by the GST Council. The GoM comprises of Hon’ble Ministers from the States of Bihar, Uttar Pradesh, Rajasthan, West Bengal, Karnataka and Kerala with the Hon’ble Deputy Chief Minister of Bihar as the Convenor.
It is the GST Council chaired by the Hon’ble Union Finance Minister and including Ministers of all the States/UTs, which is empowered to recommend GST rates including changes to them. The GoM is only a recommendatory body.
The GST Council has not yet deliberated on any GST rate changes. The Council has not even received the recommendations of the GoM. In fact the GoM has yet to finalise and present its recommendations to the Council after which the Council will take a final view on the recommendations of the GoM.
The reports in the media are thus premature and speculative.
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