Announcement Date: December 3, 2016
A two-day meeting of the GST Council concluded on 3rd December. Again, consensus could not be reached on the issue of sharing of administrative powers between the centre and the states. However, certain headway was made on finalization of the draft legislations, and the same are expected to be finalized in the next meeting of the Council scheduled for 11 and 12 December. Experts believe that GST could be postponed due to the delay in building of consensus.