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  • News From Press GST Council agrees on five areas; differ over 1st meet decision

    GST Council agrees on five areas; differ over 1st meet decision

    Source: Economic Times Oct 1, 2016

    In signs of fracture, the Centre and states today disagreed on decisions reached at the first meeting of the GST Council on service tax assessment although they reached a consensus on area based exemption in the new tax regime. 


    The second meeting of the all-powerful GST Council, headed by Finance Minister Arun Jaitley, agreed on five subordinate legislations dealing with issues ranging from registration to invoicing under the new Goods and Service Tax (GST) regime. 
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