GST council meeting in Guwahati today : Daily use items may get cheaper..!!
GST council meeting in Guwahati today
The full GST council headed by Union FM Arun Jaitley, will meet today in Guwahati. The council will review the impact of the new tax regime in the first quarter of its implementation.
Assam FM Himanta Biswa Sarma said, the meeting is important as it will review the progress of the new tax regime three months after it was rolled out.
Exemption to small traders, issues related to MRP and the impact of the new tax regime on the small scale industry are among the issues likely to be taken up at the meeting.
Besides the rate fitment committee, there is a Group of Ministers headed by Himanta Biswa Sarma which is working on making the GST composition scheme more attractive. Another committee is working on the GST network.
Source : AIR