Goods and Service Tax rate got its final rates yesterday with the multi-tiered structure of 5,12,18,28 percent and with this announcement, Goa government has come up with a special meeting to discuss the implementation of GST in the state.
Chief Minister Laxmikant Parsekar said, “We have to call an Assembly Session to discuss the likely GST rates. It will be a one-day session. I am waiting for the Centre to finish their business over the GST.”
The meeting along with GST discussion will also concentrate on passing financial business like supplementary demands for grants and appropriation bill. The GST rate structure has been set to keep the lower tax on essential goods of the common man while targeting luxury goods for extra collection.
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Parsekar said, “state government will not raise the issue before Prime Minister Narendra Modi during his visit to Goa on November 13 when he will come to lay the foundation stone of Mopa airport.”