The Union Finance Minister Nirmala Sitharaman will chair the 46th meeting of the Goods and Service Tax (GST) Council in New Delhi today.
The “physical” meeting, which is scheduled to be held from 11 am at Vigyan Bhawan, will be attended by Minister of State for Finance Pankaj Chaudhary, Dr. Bhagwat Kishanrao Karad, and Finance Ministers of states and union territories (UTs).
The panel has reviewed items under an inverted duty structure to help minimise refund payout. Besides, the Fitment committee, comprising tax officers from states and the Centre, has made many “sweeping” recommendations to the GoM regarding slab and rate changes and taking items out of the exemption list.
On Thursday, the Ministry of Finance tweeted, “FM Smt @nsitharaman will chair the 46th meeting of the GST Council in New Delhi, tomorrow. The meeting will be attended by MoS for Finance @mppchaudharyand @DrBhagwatKarad, besides Finance Ministers of States and UTs and Senior officers from Union Government and States.”
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