Standard GST rate between 12% and 18% likely: Arun Jaitley

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India will soon move to a new standard rate between 12% and 18%, with “luxury and sin goods as an exception”, finance minister Arun Jaitley said in a blog on Monday, maintaining the government’s position that the current goods and services tax regime will be simplified and standardised over time.
Read more at Hindustan Times.

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