A meeting of the 15th Goods and Services Tax (GST) Council began at the Vigyan Bhavan, Delhi, on Saturday to finalise the taxes to be levied on Six commodities, including, gold, textiles, footwear, agriculture, handloom and handicrafts.
Read more: 83 services exempted from GST
The centre and states are all geared up to roll out the new indirect tax regime from July 1 and this is expected to be the last GST council meeting before the rollout.
Last month, the GST council announced the four tax slabs for over 1,200 goods and 500 services. The slabs 5, 12, 18 and 28 percent were set.
As for the transition rules approved by Council, the industry had been demanding some relaxation of the provision of deemed credit.