The GST Council on Friday reduced the levy on several life-saving medicines, agreed to correct the tax structure for several products - ranging from textiles and footwear to pens - and unanimously concluded that there was no need to include petrol and diesel under this tax regime for now. Finance minister Sitharaman clarified that it was the result of a high court directive which wanted the GST Council to look at the issue.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3CnaAHT
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