Page 23 - Gst Council

No consensus at GST Council, next meet on Dec 11-12

GST Council fails to break deadlock over control of assessees for the third time in one month

GST Council meet ends without any decision on rates

Consensus in sight on cess; dual control hurdle remains

GST Council may resolve compensation issue

A state can be compensated if revenue under GST falls short of the average tax earnings in best three years out of past five years

GST Council resolves threshold and dual control issues

The threshold has been fixed at Rs 20 lakh annual turnover; the GST rate and tax slabs would be decided at its three-day meeting beginning Oct 17

Govt notifies GST Council

It will be chaired by the Union finance minister and have minister of finance or taxation or any minister chosen by each state as its member

PM calls for intensive meetings of GST Council

The meeting was attended by Finance Minister Arun Jaitley and senior officials of the Prime Ministers Office and finance ministry

Cabinet clears setting up of GST council

Only after its recommendations will the central GST, integrated GST and state GST Bills be taken up