GST panel to submit interim report on exempted items, may prune list

No decision on rate rejig; to meet again for further deliberation

A group of ministers (GoM), tasked by Goods and Services Tax (GST) Council to look into rate rationalisation, could not form a view on changes in GST rates and slabs.

However, it is likely to submit an interim report to the Council on pruning the list of items that at present do not attract the levy.

In a virtual meeting on Friday, the ministerial panel headed by Karnataka Chief Minister Basavaraj Bommai is learnt to have deliberated upon GST exemptions, rate rejig and correcting the inverted duty structure on value chains, among other matters.

“We reiterated our views on slab