The government plans to roll out Goods and Services Tax (GST) from April 1. A Constitution Amendment Bill is currently stuck in the Rajya Sabha.

The Service Tax was introduced at 5 percent in 1994 on limited number of services, she said, adding the tax rate has gradually increased to 14 per cent and now covers almost of all services with few exceptions.

There is no clarity whether the Swachh Bharat cess would be subsumed in the GST or it would be levied over and above the standard rate.

Describing GST a historic opportunity to 'Make in India by Making One India', the panel recommended a range for revenue- neutral rate (RNR) of 15-15.5 percent for the Goods and Services Tax (GST), with a preference for the lower one.

The final GST rate would be decided by the GST Council, which will be headed by the Union Finance Minister and have state Finance Ministers as its members.

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