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States panel may propose a single 15% GST levy by merging 12% and 18% slabs

A panel of state ministers set up to suggest changes to the GST rate structure may propose a single 15% levy by merging the 12% and 18% slabs, but is wary of proposing an increase in the threshold rate to 8%, from 5%, given growing inflation concerns.

Source M-economictimes

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