<h1>GST Council Meets to Resolve Central-State Deadlock Over Assessee Control and Revenue Loss Compensation.</h1> The GST Council, led by the Finance Minister, is meeting to resolve a deadlock over the administration of the Goods and Services Tax (GST) between the central and state governments. The primary issue is whether states should have sole control over assessees with an annual turnover of up to Rs. 1.5 crore, which the central government opposes due to concerns over states' expertise. The meeting will also address taxation in territorial waters and compensation for states' revenue losses due to the GST rollout. The GST aims to unify India's market by replacing various indirect taxes, with a target implementation by September 16, 2017.