Revenue Secretary Tarun Bajaj on Tuesday stated there was scope for further pruning of the GST exemption listing and expressed hope that the “rough edges” within the oblique tax regime can be ironed out within the subsequent 2-3 years. He further stated that the rise in GST assortment was on account of a number of components, like elevated financial exercise post-Covid, and higher compliance, apart from inflation. The 5 per cent GST on non-ICU hospital rooms costing above Rs 5,000 is not going to hit inexpensive healthcare for a big part of folks and the affect of the levy would solely be miniscule,
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