homeindia NewsNo feedback sought from states on hiking GST rates: Finance Ministry

No feedback sought from states on hiking GST rates: Finance Ministry

The Finance Ministry said said deliberations of the panel of ministers to rationalise GST rates are still ongoing and the report has not been submitted yet.

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By PTI Apr 25, 2022 10:55:11 PM IST (Published)

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No feedback sought from states on hiking GST rates: Finance Ministry
The Finance Ministry on Monday clarified that no feedback has been sought from states on the GST rates for specific items or regarding proposals to restructure the rates.

In view of some media reports stating that feedback has been sought from states regarding a suggestion for raising Good and Services Tax (GST) rates on 143 items, the Ministry in a statement said deliberations of the panel of ministers to rationalise GST rates are ongoing and the report has not been submitted.
"It is clarified that no feedback from States has been sought on the GST rates for any specific items or specific proposals to restructure the rates...," the Finance Ministry said. It added that views of the states were sought generally on the Terms of References of the Group of Ministers soon after it was set up in September 2021.
"A report of the Group is yet to be submitted to the Council for consideration," it added.
In September last year, the GST Council had set up a panel of state ministers, headed by Karnataka Chief Minister Basavaraj Bommai, to suggest ways to augment revenue by rationalising tax rates.
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