GST Council recommends scope, exemptions, rates, thresholds and apportionment rules to harmonise GST between Centre and States. GST Council, chaired by the Union Finance Minister with State Finance/Taxation Ministers, recommends taxes, cesses and surcharges to be subsumed under ... Summary
GST Council recommends scope, exemptions, rates, thresholds and apportionment rules to harmonise GST between Centre and States.
GST Council, chaired by the Union Finance Minister with State Finance/Taxation Ministers, recommends taxes, cesses and surcharges to be subsumed under GST; goods and services to be taxed or exempted; the date for levy on specified petroleum and aviation fuels; threshold exemptions; rates and floor rates with bands; special temporary rates for disasters; model GST laws; principles of levy, IGST apportionment and place of supply; and special provisions for specified States.
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