New Delhi, May 20: Commerce and Industry Minister Nirmala Sitharaman said on Saturday that the goods and services tax (GST) will help boost export growth. Sitaraman described the three-year promotions and the activities of the Ministry of Commerce, saying: "The negotiations in the GST Council were discussed and goods and services were treated, and GST was going to help only improve our exports."
India's total exports rebounded with a growth of 4.95 per cent in 2016-17 despite a negative growth in services. The GST Council on Friday announced the fitment of services and 1,211 goods in the GST tax rates, heading towards the July 1 rollout of the new indirect tax regime.