Kashmir to host GST Council meeting.
The next Goods and Services Tax (GST) Council meeting will be held on May 18-19 in Srinagar.
All the finance ministers of the country will be participating in the meet, which will be chaired by Union Finance Minister Arun Jaitley.
The meeting will be held at Sher-i-Kashmir International Conference Centre (SKICC).
The Goa Assembly yesterday unanimously passed the ‘revolutionary’ GST Bill.
Earlier, the Rajya Sabha passed four GST Bills without amendments setting the stage for the government for the launch on July 1.
Jaitley had said that the GST would lead to new tax regime.
The four bills passed on April 6 – the Central GST bill, the Integrated GST bill, the Union Territories GST bill and the compensation law – have already been cleared by the Lok Sabha, where the government enjoys majority.
The GST rates will be deliberated by the GST Council on May 18-19.