India
Prime Minister Narendra Modi said the effort will be to ensure that 99 % of all items, including almost all items used by the common man, would be kept at a GST slab of 18 % or less
New Delhi: Indicating that further simplification of the Goods and Services Tax is on the anvil, Prime Minister Narendra Modi said his government wants to ensure that '99% things' attract sub-18 % GST slab.
Before implementation of the GST, registered enterprises only numbered 65 lakh, which has now risen by 55 lakh, Modi said, addressing the Republic Summit here.
"Today, the GST system has been established to a large extent and we are working towards a position where 99 % things will attract the sub-18 % GST slab," Modi said.
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