201512.04
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Standard GST Rates @17-18% and GST Revenue Neutral Rate @ 15-15.5%- CEA Led Panel Recommends to FM

Finally ,its official that today  the chief economic advisor, Mr Arvind Subramanian, has submitted his report on the goods and services tax (GST) to Mr Arun Jaitley,Finance Minister  of India . . The most amazing thing in this report is recommendation of 15-15.5% GST Revenue Neutral Rate (RNR)  which  is much below than the minimum expectation…