GST Council Meet On Thursday

New Delhi, Aug 26: The GST Council will meet here on Thursday to take up the single-point agenda of GST compensation to states affected by delays in the release by the Centre, a government official privy to meeting agenda said.

The meeting was earlier proposed in July, as announced by Union Finance Minister Nirmala Sitharaman after the first GST Council meeting in the backdrop of Covid-19 pandemic in June.

“The Council will meet tomorrow with a single-point agenda to discuss the compensation cess. Any changes in the GST rates or cess structure would also relate to how timely compensation to the states could be released,” the official said.