No fresh tax to be imposed on goods already under GST ambit, govt clarifies

GST

Latest News – Union Minister Nirmala Sitharaman on Sunday allayed fears over whether the prices of essential commodities would rise post implementation of Goods and Services Tax, saying no fresh rates would be imposed on those goods which already come under tax ambit.

“There is no separate explanation to public and another for traders. It is all the same. The price of essential commodities will not rise (post GST)”, the Commerce and Industries Minister said here.

Sitharaman was speaking to reporters at the sidelines of a conference organised on Goods and Service Tax for traders.

Explaining about the tax (Read More)

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