46th GST Council meet on December 31st, to discuss rate rationalisation.
Dear all,
This is to inform you that the 46th GST Council meeting will be held on 31/12/2021 in Delhi an official said, adding that it will be an extension to the pre-budget meeting with state finance ministers on December 30. The Group of Ministers (GoM) on rate rationalisation will submit a report to the Council. The panel has reviewed items under an inverted duty structure to help minimise refund payout.
GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on December 31 and discuss, among other things, the report of the panel of state ministers on rate rationalisation. This will be a physical meeting, which will also discuss correction in duty inversion in certain goods.
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This is for your kind Information.
Thanking You,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi
Secretary
