The meeting, which will take place in Goa, is part of the ongoing efforts to streamline and rationalise the GST structure. This panel, known as the Group of Ministers (GoM), is led by Bihar Deputy Chief Minister Samrat Chaudhary.

A ministerial panel on GST rate rationalisation is set to meet in Goa on September 25 to discuss potential changes to tax slabs and rates.

The GST Council is discussing is seriously discussing rationalisation, going through GST rates “item by item”, the Union Finance Minister, Nirmala Sitharaman,

During the August meeting, the panel had tasked the fitment committee to analyse the implication of tax rate change on some items and gather more data

Currently, the Goods and Services Tax (GST) features a four-tier structure with rates set at 5%, 12%, 18%, and 28%.