‘High oil prices a burden’: FM says tax cut must be joint call of Centre, states
Currently, the Central government levies a fixed rate of excise duty while states levy different rates of VAT.
Currently, the Central government levies a fixed rate of excise duty while states levy different rates of VAT.
The 36th meeting of the Council, which will happen through video conferencing, is also likely to decide the valuation of goods and services in solar power generating systems and wind turbine projects for the purposes of levying GST.
