Wednesday, September 28, 2022
HomeBusinessOpinion sought from states to increase GST on 143 items? Finance...

Opinion sought from states to increase GST on 143 items? Finance Ministry issued this statement

Changes In GST Rates: The Finance Ministry has termed the media reports as baseless, in which it was asked to seek the opinion of the states for changes in the GST rates of some essential items. It was said in the news that feedback has been sought from the state governments for changes in the GST rates of 143 items. These include everyday items like papads, jaggery and razors. In these reports, there was talk of dividing the GST rates into two different slabs of 3 and 8 percent instead of 5 percent.

The ministry said that in the 45th meeting of the GST Council, it was decided to constitute a cabinet group to rationalize the GST rates. The group was formed in September last year and soon after that their views were sought from the states regarding the terms of reference.

Congress attacked the government fiercely

However, there was no mention of any particular rate or items in it. According to the ministry, discussions are still going on in the Cabinet Group and the group has not yet submitted its report. On this issue, the Congress had fiercely attacked the government on Sunday.

Party’s media in-charge Randeep Surjewala had tweeted and said that the heat and inflation will further scorch! The Modi government has decided to increase the GST on 143 everyday items so that more than ₹ 1,42,000 crore is recovered every month. Surjewala wrote tauntingly that there is no money in the pocket and the budget of the house has deteriorated but it does not matter because there is a BJP, it is possible.

- Advertisement -
MOBILE

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News