GST Council meet on June 3 to fix rates for remaining products: Meghwal

New Delhi, Jun 1: Union Minister of State for Finance Arjun Ram Meghwal said today Goods and Services Tax (GST) Council will meet on June 3 to fix rates for certain items that could not be decided upon at its meeting in Srinagar.
Inaugurating an ASSOCHAM-CEAMA GST Summit for traders, Mr Meghwal said, “We have also received representations from some sectors including textile for which the rates had been fixed.
We will discuss it in the next GST Council meeting.
“In textile sector, garment manufacturers and cloth manufacturers want different rates, we will discuss these issues on June 3.
” He said the Finance Ministry has advised the trade and industry bodies along with its three technical institutes — Institute of Chartered Accountants of India (ICAI), Institute of Company Secretaries of India (ICSI) and Institute of Cost Accountants of India (ICAI) to organise awareness campaigns as GST is likely to be rolled out from July 1.