Expectations from the 43rd GST Council Meeting:
- Rationalisation in GST Rates
- GST Exemption on Covid-19 Vaccines and other medical supplies
- GST Compensation Shortfall to states losing autonomy over revenue generated through indirect tax due to implementation of GST
- Subsume petrol and diesel under the ambit of GST
- Resolve issues related to Inverted Duty Structure
Source: mastersindia.co
