GST rate structure requires "fine-tuning", need simpler dual-control model, says Kerala Finmin

Oct 20,2016

Kerala FM Thomas Isaac speaking to CNBC TV-18 upon conclusion of third meeting of GST Council, assures that consensus on GST rates shall be achieved before November 22nd; Says that States want a closer look at proposed GST rates, as they are not satisfied with 6% and 26% rates on certain commodities and "the rate structure needs lot of fine tuning"; Further explains that discussion with regard to dual control remained inconclusive due to issues with presented numbers, thus ur...


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