GST Council does rate fitment of 1,211 items; 19% items to fall under 28% slab

GST Council meeting concludes, yet to take a call on Rules for Returns & Transition; FM Arun Jaitley says that GST Legal Panel needs time to vet these Rules; Council does rate fitment for 1,211 items today, and shall discuss rates for 6 categories of items, including beedis & gold and services tomorrow; Council to meet again if final rates not decided tomorrow; Revenue Secretary Dr. Hasmukh Adhia states that 19% of items will fall under 28% tax slab, 43% items under 1...