GST tweaks to wait as govt focuses on implementation

effective 22 September.

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A simplified GST return system will start on 1 November.

With the abolition of the 12% slab, the gap between the merit and standard rates (5% and 18%) has widened. Now, shifting any product or service from the 18% slab to 5% will require very strong justification,” the first person said.

Queries emailed to the finance ministry remained unanswered.

The GST Council had deliberated on the inclusion of aviation turbine fuel (ATF) within GST at its meeting in December, but in view of the revenue-related concerns and the absence of support from most of the states, it did not see momentum in the proposal, the second person said.