New Delhi: The Goods and Services Tax (GST) Council may meet on June 14 amid pressure on the tax collection front. This will be the first meeting of the GST Council after the onset of the corona virus epidemic.
The lockdown is in force across the country from March 25 to prevent the spread of the corona virus epidemic. This has affected tax collection. The GST Council is headed by the Union Finance Minister and consists of representatives from all states and union territories.
According to sources, the likely meeting of the GST Council on June 14 will be through video conference. It is noteworthy that the 39th meeting of the GST Council held in March, discussed the impact of the corono virus epidemic on the economy. However, cases of infection of this epidemic were much lower in India then and the lockdown was also not implemented. Meanwhile, the GST rates on non-essential items in the next meeting of the GST Council, despite the decline in revenue collection due to the Ministry of Finance nationwide lockdown. Is not in favor of increasing.
