Press Information
Bureau
Government of India
Cabinet
Government of India
Cabinet
12-September-2016 13:10 IST
Cabinet approves
creation of GST Council and its Secretariat
The Union Cabinet under the Chairmanship
of Prime Minister Shri Narendra Modi has approved setting up of GST Council and
setting up its Secretariat as per the following details:
(a) Creation
of the GST Council as per Article 279A of the amended Constitution;
(b) Creation
of the GST Council Secretariat, with its office at New Delhi;
(c) Appointment
of the Secretary (Revenue) as the Ex-officio Secretary to the GST Council;
(d) Inclusion
of the Chairperson, Central Board of Excise and Customs (CBEC), as a permanent
invitee (non-voting) to all proceedings of the GST Council;
(e) Create
one post of Additional Secretary to the GST Council in the GST Council
Secretariat (at the level of Additional Secretary to the Government of India),
and four posts of Commissioner in the GST Council Secretariat (at the level of
Joint Secretary to the Government of India).
The Cabinet also decided to provide for
adequate funds for meeting the recurring and non-recurring expenses of the GST
Council Secretariat, the entire cost for which shall be borne by the Central
Government. The GST Council Secretariat shall be manned by officers taken on
deputation from both the Central and State Governments.
The steps required in the direction of implementation
of GST are being taken ahead of the schedule so far.
The Finance Minister has also decided to
call the first meeting of the GST Council on 22nd and 23rd September
2016 in New Delhi.
Background:
The Constitution (One Hundred and
Twenty-second Amendment) Bill, 2016, for introduction of Goods and Services tax
in the country was accorded assent by the President on 8th September,
2016, and the same has been notified as the Constitution (One Hundred and First
Amendment) Act, 2016. As per Article 279A (1) of the amended Constitution, the
GST Council has to be constituted by the President within 60 days of the
commencement of Article 279A. The notification for bringing into force Article
279A with effect from 12th September, 2016 was issued on 10th September,
2016.
As per Article 279A of the amended
Constitution, the GST Council which will be a joint forum of the Centre and the
States, shall consist of the following members: -
a) Union Finance
Minister
- Chairperson
b) The Union Minister of State,
in-charge
of Revenue of finance
-
Member
c)
The Minister In-charge of finance or
taxation or any other
Minister nominated
by each State
Government
- Members
As per Article 279A (4), the Council
will make recommendations to the Union and the States on important issues
related to GST, like the goods and services that may be subjected or exempted
from GST, model GST Laws, principles that govern Place of Supply, threshold
limits, GST rates including the floor rates with bands, special rates for
raising additional resources during natural calamities/disasters, special
provisions for certain States, etc.
No comments:
Post a Comment