Inflation may take a toll on GST rate rationalisation as the Centre and the states may find it prudent to postpone a decision until prices stabilise given that the rejig may see the levy on several items go up, government sources indicated on Wednesday. While a group of state finance ministers has been constituted to look into the issue, it is yet to support the move and the GST Council is unlikely to meet until the second half of June.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xDFBNwi
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