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GST Council to decide on rates in May

GST Council to decide on rates in May

Saturday, April 1, 2017, 7:59 AM

GST Council on Friday cleared rules on five aspects of new indirect tax regime and tentatively approved four sets of norms. This follows the clearing of GST Bills by the Lok Sabha and the focus shifting to rules and the fitment of rates. Council’s next meeting on May 18 and 19 in Srinagar will take up the four sets of norms and item-wise rates.
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