GST: Fitment Company recommends GST Rate Changes, Exclusion of Certain Items from Exemption List

GST - Fitment Company - GST Rate - Exemption List - taxscan

The Goods and Services Tax (GST) Council is likely to change the present tax rates and slabs as the fitment committee has suggested further GST rate rationalizations and clarifications.

As per the recent tweet by CNBC-TV18, says “the Fitment committee recommends further GST rate rationalisations, clarifications, sources.”

GST Council-Nominated Fitment Committee Prescribes Rate Change For 14 Goods.

As per reports, the Fitment Committee has recommended rate change for 22 Services and rejected change for 113 goods.

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