Govt proposes 20% GST on goods, 16% on services

Last updated: 22 July 2010

Govt proposes 20% GST on goods, 16% on services Finance Minister Pranab Mukherjee on Wednesday proposed a three-rate structure for the Goods and Services Tax- which will simplify the indirect tax regime. Under this goods will attract 20 percent levy, services 16 percent and essential i

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