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43rd GST Council Meeting to be held on 28th May 2021.

GST Council to meet on 28th May 2021 after a long rest. FM Nirmala Sitharaman to chair the meeting via video conferencing at 11 AM in New Delhi on 28th May 2021. The meeting will be attended by Shri Anurag Thakur besides Finance Ministers of States & UTs and Senior officers from Union Government & States.

Several states had already requested the Finance Minister to hold the GST council meeting at the earliest to address the issues emerging in the difficult time of this pandemic. In this series, Punjab Finance Minister also wrote a letter to FM calling for immediate GST Council meeting for serious midterm correction. 

Singh also mentioned that a number of provisions are being enacted bypassing both the GST Council as well as the legislatures. Like, the recent amendment in GST Rules for restricting tax credits was also made without even of an iota of discussion in the Council. The delegation of authority provided to a Committee of Officers (GST Implementation Committee) was meant for mundane matters while the same is being misused to carry out substantive changes.

I have been particularly persuaded to write this letter because there has been no meeting of the GST Council for the last six months even though Council’s own rules drafted in terms of Article 279A of the Constitution provide for holding at least one meeting every quarter.

- Manpreet Singh Badal

 


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Author:

TaxReply


May 15, 2021

Comments


Wellcome to GST council 43rd for verious suggestion has been taken by states.
By: Balaram Sahoo | Dt: May 15, 2021
43rd meeting of the council is expected to again discuss the compensation issue for the current year but sources said it may also take a few steps to correct inverted duty structure without pursuing any increase in GST rates or move towards converging GST to a three rate structure.
By: Arindam Sarkar | Dt: May 17, 2021


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