Money Talk

GST Council: Group of Ministers suggests rate cuts on some COVID essentials

GST Council: Group of Ministers suggests rate cuts on some COVID essentials The Group of Ministers (GoM), formed after the last GST Council meeting on May 28 to deliberate on possible reductions in COVID-related items, has however not suggested a reduction in COVID-19 vaccines, the rate of which stands at 5 percent. The GoM submitted its report on June 8.

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