The Goods and Services Tax ( GST) Council removed a host of tax exemptions and raised rates for a larger number of mass-consumption items. The GST Councilis a joint forum of the Centre and the states. To establish highest standards of co-operative federalism in the functioning of GST Council , which is the first constitutional federal body vested with powers to take all major decision relating to GST. The GST Council In order to implement GST , Constitutional (122nd Amendment) Bill (CAB in short) was introduced in the Parliament which was passed by Rajya Sabha on 3rd August, 2016 and Lok Sabha on 8th August, 2016 respectively. The CAB was passed by more than 15 States which received Hon’ble President’s assent on 8th of September, 2016. On 16th September,2016, Government of India issued notifications bringing into effect all the sections of CAB setting firmly into motion the rolling out ... Learn about the GST Council , a constitutional body formed under the 101st Amendment Act, 2016, to oversee and administer the GST in India. Find out its vision, mission, objectives, composition, functions, and major outcomes.
