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June 8, 2022
Looking for the updates of the 30th GST Council Meeting? Here are the most important.
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Cess imposition of cess on SGST for rehabilitation
The state proposed the imposition of cess on SGST for the purpose of rehabilitation another flood-related works.
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Constitution of GoM
The GST Council decided to constitute a GoM i.e. a Group of Ministers consisting of 7 members, who would devise plans to help distressed states during a calamity. The GoM will take care of the issues related to “Modalities for Revenue Mobilization in case of Natural Calamities and Disasters”. The report to be submitted by 31st October 2018 by the GoM.
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GST collections
It was brought into notice that GST collections in the northeastern region went beyond expectations. A research panel to be set to conduct further research on the same.
Hope this article was helpful. Refer to the topics discussed in the 29th GST council meeting.
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