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Friday, December 4, 2015

GST Rates report submitted, Inter State Trade taxes elimination recomended

GST Rates report submitted
Delhi: Chief Economic advisor (CEA) Arvind Subramanian submits report on GST (Goods, Services Tax) rate to FM Arun Jaitley at Delhi on Friday, 4th December 2015.

CEA Arvind Subramnianheaded panel has recommended eliminating all taxes on inter-state trade, including 1% additional tax proposal in GST Bill.

Standard GST will range between 17% and 18%: CEA, Arvind Subramanian said on GST rate report after submitting report to Finance Minister Arun Jaitly.

Its better to have a clean system without compromising autonomy of the State Subramanian said.

(Photo Courtesy: ANI).

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