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Rising GST collections to help cut tax rates, says FM Piyush Goyal

Anti-profiteering body to ensure benefit of exemptions on sanitary napkins passed on to consumers

Piyush Goyal, hasmukh adhia
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Finance Minister Piyush Goyal (right) and Finance Secretary Hasmukh Adhia at the 28th meeting of the Goods and Services Tax Council (GSTC) at Vigyan Bhawan in New Delhi on Saturday Photo: PTI

PTIIndivjal Dhasmana New Delhi
A couple of days after goods and services tax (GST) rates were cut on 100 items, Union Finance Minister Piyush Goyal said rising tax collections will further help reduce the tariffs.
 
Meanwhile, he said, the Directorate General of Anti-Profiteering has been directed to keep a tab on manufacturers of sanitary napkins, so that benefits of the GST rate cut are passed on to consumers. The GST Council had exempted sanitary napkins from GST, on Saturday.
 
The Council had also cut rates on almost 100 items. Of these, 18-20 items saw the rate coming down from the highest slab

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