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No GST rate increase till revenue stabilises

No GST rate increase till revenue stabilises

Sunday, December 22, 2019, 8:57 PM

Days after the GST Council refrained from hiking the tax-rates, Bihar Deputy CM Sushil Kumar Modi said there was no possibility of any such move till revenue stabilised. He said the Council had decided to consider changes in the rates once a year, and not in each and every-meeting. A hike in GST rates, he said, would have hampered consumption amid the economic slowdown.
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