FM Nirmala Sitharaman to chair 36th meeting of GST Council

Finance Minister Nirmala Sitharaman will chair the 36th meeting of the GST Council through video conferencing in New Delhi today.

This will be the first GST Council meeting after the presentation of Union Budget in Parliament on 5th of this month.

Among other issues, the GST Council is expected to announce its decision on lowering tax rates for electric vehicles, solar power projects and rationalisation of GST rates on lottery.

In its last meeting, the GST Council had approved the use of Aadhaar by businesses to register under GST and the imposition of a penalty of up to 10% on entities not passing on benefits of GST rate cuts to consumers.

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