With the latest round of cuts, effective January 1, the government has reduced rates on nearly 360 items since GST was introduced almost 18 months ago. There are indications that in the next meeting a simpler set of rules will be put in place for small- and medium-scale industries and small service providers.
from Times of India http://bit.ly/2PYdhHt
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Saturday, December 22, 2018
GST rate slashed on 23 items, more may follow next month
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