The rationalisation of the goods and services tax (GST) regime may take longer than expected, as another reshuffle of a panel comprising state ministers, responsible for recommending rate changes, looms on the horizon, according to official sources. This potential shake-up may involve the panel's convenor.
High-level government sources revealed a proposal to replace Goa's Transport Minister, Mauvin Godinho, with Chief Minister Pramod Sawant on the seven-member panel. This comes after the most recent reorganisation during the GST Council meeting on June 22, when Bihar Deputy Chief Minister Samrat Chaudhary was appointed the panel's convenor. The panel was expected to convene in the coming days to propose adjustments to the GST rate structure, which the GST Council would then review after the Budget.
This story is from the July 02, 2024 edition of Business Standard.
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This story is from the July 02, 2024 edition of Business Standard.
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