GST Council met 30 times, took 918 decisions since its constitution: Govt

The GST Council was set up on 15 September 2016 under Article 279A of the Constitution.

The Goods and Services Tax (GST) Council till date has taken 918 decisions related to GST laws, rules, rates, compensation and taxation threshold since its establishment. 
The GST Council was set up on 15 September 2016 under Article 279A of the Constitution.
In an official note on Sunday, Ministry of Finance said more than 96 per cent of the decisions have already been implemented through 294 notifications issued by the central government and the remaining are under various stages of implementation. 
"Almost equal number of corresponding SGST notifications have been issued by each state," it said.
The Union finance minister is chairperson of the Council, with state revenue ministers or any other minister nominated by each state as members. Union Revenue Secretary is the ex-officio Secretary to the GST Council. 
"The GST Council members under the chairpersonship of the Union Finance Minister have spent long hours discussing the broad contours as well as the nitty gritty of the new GST regime in a harmonious and collaborative spirit," said the note. 
As per it, 30 GST Council meetings have taken place so far and the Detailed Agenda Notes ran into 4,730 pages.
"Detailed Agenda Notes were prepared before every GST Council meeting and discussed in the preparatory officer’s meeting to enable the Council members to fully appreciate the issues under consideration." 
The ministry said the discussions in the GST Council were very detailed, reflecting the collective wisdom of the Council and this has been captured exhaustively in the minutes of the 30 Council meetings running into 1,394 pages.
"The working of GST Council has ushered in a new phase of cooperative federalism where the central and the state governments work together to take collective decisions on all issues relating to indirect tax regime of the country."
The GST was rolled out at the stroke of the midnight hour on 1 July 2017. It was considered as the biggest tax reform since country's Independence. 
The new indirect tax regime was categorised into four slab rate, replacing 17 central and state levies including factory-gate, excise duty, service tax and local sales tax or VAT.
Source: Media reports

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