Tag: council meetings

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18th GST Council Meeting: Important Updates

The 18th GST Council Meeting was held a couple of hours before the mega launch of GST and made some important announcements, providing huge relief to the farmers. The meeting called to grant a vote of thanks without any formal agenda took up the cause of the farmers and reduced the reduced the tax rate

GST Council Meetings – Timeline and their announcements

Introduction: The GST Council will consist of: the Union Finance Minister (as Chairman), the Union Minister of State in charge of Revenue or Finance, and the Minister in charge of Finance or Taxation or any other Minister, nominated by each state government. All decisions of the GST Council will be made by the three-fourth majority