31st GST Council meeting to be held on December 22

NEW DELHI: The 31st Goods and Services Tax (GST) Council meeting will be held on December 22 in the National Capital.

Last month, Finance Minister Arun Jaitley said the agenda for the 31st meet will be to bring petrol and diesel under GST.

He said the Centre’s moves on GST and demonetisation were in public interest.

“The Central government is in its favour but needs a consensus of all states to include petrol and diesel in GST.
Till then we are trying our best,” he told a press conference at the release of BJP manifesto here.

“GST council does not want to thrust this decision on all states by taking a consent of a few states but would prefer a general consensus. It is a federal setup and such a move may affect revenue aspects of any states, if decided unilaterally,” Jaitley replied to a question.

The 30th GST council meeting was held on 28th September 2018 and the agenda revolved around the administerial progress made in GST system. Nonetheless, discussions also happened around the necessity to levy cess in case of exigencies. Finance Minister of India, Arun Jaitley chaired the meeting held via video conferencing.

The post 31st GST Council meeting to be held on December 22 appeared first on GST Station.

Click here for more...
from #Bangladesh #News aka Bangladesh News Now!!!


Popular posts from this blog

Compliance Manual for F.Y.2019-20 (A.Y. 2020-21)