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Letter to BS: State governments to face revenue loss after GST rate cuts

GST Council has always been flexible and accommodating

GST
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GST

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This refers to "Welcome reform" (December 26). The central government and GST Council's decision to reduce prices on 23 items is indeed welcome. Since the launch of GST, they have reduced taxes on as many as 360 items which proves that they are open to change. 

Yet, it is puzzling that cement still remains within the 28 per cent bracket. It seems that it will be tough for the government to bring it down further. The finance minister’s statement that he is aiming to merge 12 and 18 per cent slabs in GST structure is also encouraging and it will be

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