Work needs to be done to reduce GST exemption in services, says Revenue Secy
Millennium Post Delhi|July 06, 2022
NEW DELHI: A lot of work still needs to be done to prune GST-exempted items, especially in the services sector, Revenue Secretary Tarun Bajaj said on Tuesday.
Work needs to be done to reduce GST exemption in services, says Revenue Secy

Addressing a CII interactive session, Bajaj said the effort is to remove the rough edges in Goods and Services Tax (GST) over the next two-three years.

On rationalisation of GST rates, the secretary said a group of ministers is looking into it. We will have to wait for some time, he said. Exemptions still remain, a large number on the services side, Bajaj said, adding work needs to be done to prune it .

On representations that 5 per cent GST on non-ICU hospital rooms above Rs 5,000 is against affordable healthcare, Bajaj said the percentage of rooms in hospitals which charge more than Rs 5,000 is minuscule .

This story is from the July 06, 2022 edition of Millennium Post Delhi.

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This story is from the July 06, 2022 edition of Millennium Post Delhi.

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