Previously, the fitment panel of the GST council had recommended the continuance of the process of correcting inverted rate structures that had denied the government revenue. However, The proposal to rectify the inversions with regard to the GST rates on the readymade garments, footwear, and fabrics...
Since India ushered in the GST age, there has been a steep and autonomous increase in petrol and diesel prices. While some say that the rising crude oil price is the major reason, some claim that autonomous nature of the price index can be attributed to the non-inclusion of Petrol and Di...