GST Council Meet To Be Held Virtually On Dec. 17
The GoM on casinos, horse racing and online gaming will submit its report next week, said GoM chairperson Conrad Sangma.
The 48th Goods and Services Council meeting will be held virtually after five months on Dec. 17.
The last meeting was held towards the end of June in Chandigarh. Initially scheduled for August, the meeting was postponed due to a delay in the submission of final reports by the 'group of ministers' on casinos, online gaming, and horse racing, along with the GoM on appellate tribunals.
The GoM on casinos, horse racing, and online gaming will submit its report next week, said Conrad Sangma, chairperson of the GoM, to reporters on the sidelines of the pre-budget consultations with the Centre in New Delhi on Friday.
The last meeting of the GoM did not reach a consensus on the point of taxation for casinos, as BQ Prime reported earlier. A 28% GST is expected to be levied on all three sectors.
The GoM on appellate tribunals was expected to submit its final report by August and had reportedly finalised the framework for setting up appellate tribunals to hear disputes, according to the Economic Times.
The reports of the two GoMs are expected to be on the agenda on Dec. 17.
The meeting has been called amid states‘ demand for a meeting at the earliest. Dr. Amit Mitra, principal chief advisor to the chief minister of West Bengal, wrote to Finance Minister Sitharaman earlier this month to urgently call for a GST council meeting as it hadn’t been held quarterly as per the norm.