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<h1>GST Council Meeting: Key Decisions on Tax Rates, Rule Amendments, and Section Deferrals.</h1> The 18th GST Council Meeting, chaired by the Union Finance Minister, addressed several key issues. The Council confirmed the minutes from the previous meeting, incorporating requested changes from various states. The GST Implementation Committee's decisions were reviewed, including deferring certain sections of the GST Act due to preparedness issues, and approving amendments to the GST Rules. The Council discussed and approved rules related to compounding offenses, enforcement, refunds, and demand recovery. It also agreed to reduce the GST rate on fertilizers to 5% and authorized the Chairperson to classify exclusive tractor parts under an 18% tax rate. The next meeting was scheduled for the first Saturday of August 2017.