GST COUNCIL MAY GO FOR SOME RATE REVISIONS :

The Goods and Services Tax (GST) Council  conducted a meeting through video-conferencing to discuss some rate revisions “which need urgent attention”. The meeting, called at a short notice,  chaired by Finance Minister Arun Jaitley through video-conferencing as state Finance Ministers were not in the national capital. Jaitley had fixed August 5, as the date for the Council’s next meeting. However, after that there have been some issues which need urgent attention, Central Board of Excise and Customs Chairperson Vanaja Sarna told IANS in an interview. “The agenda is some rate issue,” she said. Sources in the Finance Ministry said that tobacco rate revision was likely to be on the agenda. Refusing to give any more details on the agenda of the “surprise meeting”, Sarna said: “It (the meeting) was planned but the date was not finalised. Some issues are there. I think it is a rate issue.” It was the GST Council that was looking after the issue, she added.  IANS : 17th. July,17

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s