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Retailers ask FM, GST Council to not adopt 35% tax slab as proposed by GoM

The New Indian Express Mangaluru

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December 13, 2024

INDIAN Sellers Collective, an umbrella body of trade associations and sellers, on Thursday urged Finance Minister Nirmala Sitharaman and the GST Council to reject the recommendations of GoM (Group of Ministers) on GST Rate Rationalization.

- ENS ECONOMIC BUREAU @ New Delhi

Retailers ask FM, GST Council to not adopt 35% tax slab as proposed by GoM

Earlier this month, the GoM on Goods and Services Tax (GST) rate rationalisation proposed a 35% tax rate for certain goods, including tobacco, aerated drinks, and other related items.

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