GST Council likely to finalise draft model GST law on Saturday
The Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states, is also expected to finalise the definition of 'agriculture' and 'agriculturist' as well as constitution of a 'National Goods and Services Tax Appellate Tribunal' to adjudicate disputes, media reported.
The final draft of the anti-profiteering clause to ensure benefit of lower taxes gets shared with consumers is also expected to be prepared.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
