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GST Council may take stock of one-year rate rationalisation; broad-based cuts unlikely in October meeting

Source: Business Today

Some product-specific proposals could nevertheless come up. The Council may examine the 18% GST rate on mobile phones amid weakening handset demand. The issue is not part of a confirmed agenda yet.

Attribution

This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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