(TIE)
With several parties raising the issue of overall taxes increasing on certain commodities and there being too many slabs after the advent of GST, Finance Minister Arun Jaitley said Wednesday that with time GST rates could be rationalised. He said random criticism of GST rates was not fair as the rates had been decided by a council of experts and economists and not arrived at casually.
The minister was speaking in Lok Sabha during the discussion over two bills to extend GST to the state of Jammu and Kashmir. The Central Goods and Services Tax (Extension to Jammu and Kashmir) Bill and the Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Bill were passed by the House by a voice vote.
