GoM Proposes To Raise GST On Luxury Shoes, Watches, Aims Revenue Boost By Rs 22,000 Cr
New Delhi: In a significant development, the Group of Ministers (GoM) on Saturday agreed upon some Goods and Services Tax (GST) rate revisions that are likely to bring in an additional Rs 22,000 crore revenue. The GoM, headed by Bihar Deputy Chief Minister Samrat Chaudhary, suggested raising GST rates on several luxury items, including high-end…