A panel of state ministers tasked with suggesting changes to the Goods and Services Tax (GST) regime has signalled that the current fourslab tax structure should remain in place "for now".
"Some members of the group of ministers (GOM) are insisting there should be no changes to the tax slabs under GST," said Bihar Deputy Chief Minister Samrat Chaudhary, who is also convener of the group, following a meeting on Thursday.
However, he stressed that the discussions were still at a preliminary stage, with no decisions reached yet.
The GoM convened in the national capital to review the progress of ongoing efforts to rejig GST rates and discuss the course forward.
The panel advised central and state revenue officers to examine the potential impact of rate changes on mass-consumption items and present their findings before the GST Council at its meeting on September 9.
Two other ministers on the six-member GOM echoed Chaudhary's stance. West Bengal Finance Minister Chandrima Bhattacharya said: "I have said there should be no changes in the GST slabs. A presentation will be made before the Council."
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