GST Council has finalised its recommendations on almost all the issues based on consensus, says Finance Minister in his Budget Speech https://www.taxtmi.com/news?id=17374 The GST Council finalised recommendations by consensus on rate structure, threshold exemptions, composition scheme parameters, compensation modalities for States, and reviewed the Model GST Law, draft IGST law and Compensation Law; CBEC-led teams and State officers conducted preparatory work, the IT system for GST is on schedule, and extensive stakeholder outreach and administrative mechanisms are being advanced to enable coordinated implementation while preserving cooperative federalism. en-us Wed, 01 Feb 2017 14:01:05 +0530 Wed, 01 Feb 2017 14:01:05 +0530 TaxTMI RSS Generator GST Council has finalised its recommendations on almost all the issues based on consensus, says Finance Minister in his Budget Speech https://www.taxtmi.com/news?id=17374 The GST Council finalised recommendations by consensus on rate structure, threshold exemptions, composition scheme parameters, compensation modalities for States, and reviewed the Model GST Law, draft IGST law and Compensation Law; CBEC-led teams and State officers conducted preparatory work, the IT system for GST is on schedule, and extensive stakeholder outreach and administrative mechanisms are being advanced to enable coordinated implementation while preserving cooperative federalism. News - Wed, 01 Feb 2017 14:01:05 +0530 https://www.taxtmi.com/news?id=17374