Saturday, December 22, 2018

Gst 31st Meeting held on 22.12.2018.


Formation of GoM as Recommended by the GST
Council in Its 31st Meeting held on 22.12.2018.

The GST Council in its 31 meeting held today at New Delhi has approved the proposal to
form a 7 Member Group of Ministers to study the revenue trend, including analysing the
reasons for structural patterns affecting the revenue collection in some of the States. The
study would include the underlying reasons for deviation from the revenue collection
targets vis a vis original assumptions discussed during the design of GST system, its
implementation and related structural issues.
The Group of Ministers will be assisted by the committee of experts from Central
Government, State Governments and the NIPFP (National Institute of Public Finance and
Planning), who would study and share the findings with GoM. The GoM in turn would give
its recommendation to the GST Council. 
The members of the GoM and the Committee of experts would be announced in due course of time.

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