Several GST tax rate changes will take effect from 18th july, Bommai panel deferred making any major tax rate changes amidst inflation. | Business Outreach

Several GST tax rate changes will take effect from 18th july, Bommai panel deferred making any major tax rate changes amidst inflation.

Sitharaman explained that the proposed GST rate rationalization was required for restoring revenue neutrality in the shift to GST from the previous indirect tax regime five years ago.