Chaudhary was responding to a question if the government is considering the recommendation made by the Group of Ministers (GoM) on rate rationalisation. The GoM has recommended a new tax slab of 35% for luxury and 'sin' goods like tobacco, cigarettes, aerated drinks, etc.
The MoS finance told reporters that the GST Council would take the final decision and the same will be in consultation with the states, who are also members of the Council.
This story is from the December 14, 2024 edition of The New Indian Express Kannur.
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This story is from the December 14, 2024 edition of The New Indian Express Kannur.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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