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The GST Council has also recommended the formation of Group of Ministers (GoM) to study the revenue trend, analyze the reasons for structural patterns affecting the revenue collection in some of the states, to examine the tax rate and issues in specific sectors such real estate, lottery, and other issues related to GST.
Vikas Vasal is national leader tax–Grant Thornton India LLP.
This article appeared in Live Mint on 19th April, 2019.
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