Punjab seeks slashing duty on Covid related items

rawan239

2 years ago

Punjab Finance Minister Manpreet Badal called upon the Centre to have GST with a heart as he sought a much lower tax regime on goods required to battle Covid ahead of the meeting of the GST Council.

The Fitment Committee of the GST Council

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has recommended against granting full exemption as that would result in increased cost of production of these goods. In this scenario, the opposition finance ministers may press for a token GST of 0.1 % on such items.