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GST rates to increase for various items as council set to meet on December 18

Updated : December 11, 2019 04:20 PM IST

As of now, there are four slabs under the GST regime -- 5, 12, 18 and 28 percent.
The GST Council meeting is also likely to deliberate on raising cess on some products to meet the growing need for compensation, among other issues.
In 2018-19, the actual CGST collection stood at Rs 4,57,534 crore as against the provisional estimate of Rs 6,03,900 crore for the year.
GST rates to increase for various items as council set to meet on December 18

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