GST Fitment Committee to Meet in Srinagar This Weekend
The rates on goods and services have long been awaited. With the fitment committee meeting this weekend to decide rates, we can finally have the answer.
May 15th, 2017The fourteenth meeting of the GST Council will aim to finalise the rates for all goods and place them in the four tax brackets already announced. Srinagar will serve once more as the venue for this very important meeting, and by the time this week is over the final details for GST implementation will be in place.Finance ministers from 32 states and the Union Territories will be part of this meeting. They will reportedly finalise the tax rates for over 6000 goods.As reported in LiveMint