India could move towards a single Goods and Services Tax (GST) rate structure once the country achieves income parity across different segments of society, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Kumar Agarwal said in an exclusive interview.
The reduction in duty rates on mobile phones and gold-silver imports is expected to significantly boost India's exports, according to CBIC Chairman Sanjay Kumar Agarwal.