The GST Council has recommended the GST rates taking into account, inter alia, the present tax incidence on goods [on account of central excise duty rates / embedded central excise duty rates / service tax post-clearance embedding, VAT rates or weighted average VAT rates, cascading of VAT over excise duty and tax incidence on account of CST, octroi, entry tax, etc.].


2. A list of goods, where the incidence of tax under GST is lower than the present tax incidence, is as under:

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 19 Jun 2017, 10:30 AM