GST Council has done a commendable job, say experts

The GST council finalised tax rates that will apply to different goods and services under a new sales tax which New Delhi aims to roll out from July 1.

A panel comprising central and state finance ministers fixed the rates for over 1,200 items under the Goods and Services tax, amid demand by some states to keep essential items under the lower tax category.

Under the new tax, rates will range from 5 to 28%, with 12% and 18% being the standard rates. Most raw food items including milk will be exempted from tax while the panel still has to