Announcement Date: September 15, 2016
Vide F. No. 31011/09/2015-SO (ST) dated 15th September, 2016, Hon’ble President has constituted the Goods and Services Tax Council (“GST Council “) consisting of the following members, namely:-
- The Union Finance Minister as the Chairperson
- The Union Minister of State in charge of Revenue or Finance as Member
- The Minister in charge of Finance or Taxation or any other Minister nominated by each State Government as Members
GST Council can now hold meetings and take decisions on various major issues entrusted to it under the Constitution which includes Model law, rate of taxes, exemptions etc. The first meeting of the GST Council is proposed on September 22 or 23rd.