No single rate for all items under GST: Arun Jaitley

TNN Bureau. Updated: 1/3/2018 12:49:40 PM

New Delhi, Jan 3: The government today ruled out having a single rate for all commodities under the Goods and Services Tax (GST) saying items like food products have been placed at minimum taxation levels while luxury goods were in the higher categories.

During the Question Hour in Rajya Sabha, Finance Minister Arun Jaitley said there were countries which had applied a uniform tax rate on all commodities but these were nations where the entire population was above the poverty line.

In India, food items have been placed in zero or the minimum slab while luxury items get taxed more, he said.
While the question of a single slab in India does not arise, the process of rationalisation would continue, he said.

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