To establish highest standards of co-operative federalism in the functioning of GST Council, which is the first constitutional federal body vested with powers to take all major decision relating to GST. Evolving by a process of wider consultation, a Goods and Services Tax structure, which is information technology driven and user friendly.

The GST Council is a constitutional body responsible for making recommendations on issues related to the implementation of the Goods and Services Tax (GST) in India.The first meeting of the GST Council was held on September 22-23, 2016, and since then, the Council meets periodically to deliberate and decide on various issues related to GST.

2023年12月27日 · The GST Council combines ideas and rules into a single document, notifying stakeholders of changes through circulars and notifications that are made public following meetings. In this article, we will look into the background, structure, features, functions, and implementation of the GST Council.

2023年12月7日 · Know about the origin, powers, and functions of the GST Council, shaping India's tax landscape. Understand its significance and the recent Supreme Court verdict on GST. The GST Council is a constitutional body under Article 279A of the Indian constitution.

The GST Council has classified goods and services into five tax slabs: 0%, 5%, 12%, 18%, and 28%. Some goods and services have also been exempted from GST, while others have been subjected to additional cesses on top of the applicable GST rate. The GST Council has implemented a comprehensive GST compliance system, including an online portal for ...

2024年4月13日 · The Goods and Services Tax Council (GST Council), a constitutional body in India, embodies the nation’s commitment to the development of a harmonized national market for goods and services. It stands as a guardian of the smooth functioning of the indirect tax regime in …

Recently, at the 47 th meeting of the Goods and Services Tax (GST) Council, chaired by Union Finance Minister, officials approved hiking the rates for some goods and services while removing exemptions for several mass consumption items to simplify …

2024年6月24日 · What is the GST Council? The GST Council is a constitutional body established under Article 279A of the amended Constitution of India. It is a joint forum consisting of the Union Finance Minister (as Chairperson), the Union Minister of State for Finance, and representatives from each state and Union Territory (UT) with legislatures.

2023年12月3日 · The GST Council stands as a symbol of cooperative federalism, bringing together the central and state governments to make collective decisions on GST-related matters. Its composition, powers, and functions are designed to ensure a collaborative approach to indirect taxation in India.

2025年2月3日 · So, the GST Council became the governing body of GST implementation in India. What is GST Council? The GST Council plays a key role in simplifying India's goods and services tax system. It replaces the previous complex tax structure with more straightforward methods, making taxation easier for taxpayers.