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Pranab proposes 3-tier GST

PUBLISHED ON: July 21, 2010 | Duration: 2 min, 40 sec

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Finance Minister Pranab Mukherjee on Wednesday proposed a three-rate structure for the Goods and Services Tax – which will simplify the indirect tax regime – under which goods will attract 20 per cent levy, services 16 per cent and essential items a concessional 12 per cent.
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