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GST Council and its Secretariat created. Pre-implementation and finalization work on GST in India to start

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GST Council and its Secretariat created. Pre-implementation and finalization work on GST in India to start

News Accessed From :

Press Information Bureau – Government of India – Ministry of Finance - http://pib.nic.in/newsite/PrintRelease.aspx?relid=149732

News Accessed On : 21st September 2016

Excerpts from various reports:

  • ​Cabinet approved creation of GST Council and its Secretariat
    • The Union Cabinet has approved setting up of GST Council and setting up its Secretariat as per the following details:   
      • (a) Creation of the GST Council as per Article 279A of the amended Constitution;
      • (b) Creation of the GST Council Secretariat, with its office at New Delhi;
      • (c) Appointment of the Secretary (Revenue) as the Ex-officio Secretary to the GST Council;
      • (d) Inclusion of the Chairperson, Central Board of Excise and Customs (CBEC), as a permanent invitee (non-voting) to all proceedings of the GST Council;
      • (e) Create one post of Additional Secretary to the GST Council in the GST Council Secretariat (at the level of Additional Secretary to the Government of India), and four posts of Commissioner in the GST Council Secretariat (at the level of Joint Secretary to the Government of India).
    • The Cabinet also decided to provide for adequate funds for meeting the recurring and non-recurring expenses of the GST Council Secretariat, the entire cost for which shall be borne by the Central Government. The GST Council Secretariat shall be manned by officers taken on deputation from both the Central and State Governments.
  • The steps required in the direction of implementation of GST are being taken ahead of the schedule so far.
  • The Finance Minister has also decided to call the first meeting of the GST Council on 22nd and 23rd September 2016 in New Delhi

 

Follow this link to read more :

http://pib.nic.in/newsite/PrintRelease.aspx?relid=149732