The 14th GST Council met in Srinagar to finalize tax rates for over 6,000 goods, completing key implementation details.
On May 15th, 2017, significant developments regarding the Goods and Services Tax (GST) were announced. The fourteenth GST Council meeting was scheduled to take place in Srinagar, aiming to finalize the tax rates for all goods. These goods would be categorized into the four pre-determined tax slabs. This crucial gathering involved finance ministers from 32 states and Union Territories, who were tasked with establishing the final tax rates for over 6,000 items. The outcome of this meeting was expected to solidify the implementation details for GST, as reported by LiveMint.
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