February 7, 2017
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GST Council affirms consensus-based recommendations on GST design and implementation, no immediate service tax increase planned.
The Government will not raise service tax if GST rollout is delayed and is taking steps to expedite GST implementation and address State concerns. The GST Council, formed under Article 279A with Union and State finance ministers or nominees, has made consensus recommendations on thresholds, tax rates, GST rules, treatment of existing incentives, a Draft GST Compensation Law and a Model GST Law, and is supporting IT readiness, consultations and training for stakeholders.