Sitharaman to chair 43rd GST Council meeting on May 28

Smt @nsitharaman will chair the 43rd GST Council meeting via video conferencing at 11 AM in New Delhi on 28th May 2021. The meeting will be attended by MOS Shri @ianuragthakur besides Finance Ministers of States & UTs and Senior officers from Union Government & States.

Other key issues pending before the Council include rationalisation of GST rate slabs, correction of inverted duty on certain items and inclusion of petroleum products, etc.

In fact, states also want to discuss extension of the GST compensation issue beyond July 2022 in the Council as economic uncertainty continues Several states have accused the Centre for violating the constitutional mandate of convening GST meeting at least once every quarter.