The 44th Goods & Services Tax(GST) Council met under the Chairmanship of Union Finance Minister through video conferencing on 12th June 2021. The Council in its meeting has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September 2021.
About GST Council Established : 2016 Chairman : Union Finance Minister Goods & Services Tax Council was constituted with One Hundred and Twenty-Second Amendment Bill, 2016. GST Council is a constitutional body for making recommendations to the Union and State Government on issues related to Goods and Service Tax. The GST Council is chaired by the Union Finance Minister and other members are the Union State Minister of Revenue or Finance and Ministers in-charge of Finance or Taxation of all the States. Sources : PIB
0 Comments
Leave a Reply. |
Archives
October 2021
Categories
All
|