Panel fails to finalise rates for GST - Kerala finance minister

Source : REUTERS
Last Updated: Wed, Oct 19, 2016 18:42 hrs

NEW DELHI (Reuters) - A council of finance ministers from union and state governments has failed to finalise the main rate of the Goods and Services Tax and will again in November, the finance minister of the state of Kerala said on Wednesday.

Union and state finance officials were having a three-day meeting in New Delhi to set the tax bands for the tax, which the government wants to introduce from next April.

(Reporting by Manoj Kumar; Writing by Rajesh Kumar Singh; Editing by Douglas Busvine)