Reports of GST rate changes on various goods and services speculative: CBIC
The Central Board of Indirect Taxes & Customs (CBIC) clarified that media reports about GST rate changes recommended by the Group of Ministers (GoM) are speculative. The GoM, composed of state ministers, is yet to finalize and present its recommen...

In a social media post, the CBIC said a Group of Ministers was constituted to look into the GST rate rationalisation apart from certain other issues referred by the GST Council.
The GoM comprises of ministers from the States of Bihar, Uttar Pradesh, Rajasthan, West Bengal, Karnataka and Kerala with the Deputy Chief Minister of Bihar as the Convenor.
The GST Council is chaired by Finance Minister Nirmala Sitharaman and ministers of all the states and Union Territories. This council is empowered to recommend GST rates including changes to them.
The GoM is only a recommendatory body.
Sitharaman also posted a social media post on X saying the finance ministers from various states are working to address GST rate change.
"Important and timely. Thanks @cbic. Finance Ministers from various states in the GoM are working to address GST rate changes. Thereafter, the GST Council, consisting of all state FMs will take up their recommendations, when they next meet. Speculation is better avoided," said Sitharaman in a post on X.
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