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GST: Fitment Company recommends GST Rate Changes, Exclusion of Certain Items from Exemption List

The Goods and Services Tax (GST) Council is likely to change the present tax rates and slabs as the fitment committee has suggested further GST rate rationalizations and clarifications. As per the recent tweet by CNBC-TV18, says “the Fitment committee recommends further GST rate rationalisations, clarifications, sources.”

Source  Taxscan

 

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