GST Council constitutes 2 Group of Ministers on digital payments and Cess on Sugar
The GST Council in its 27th meeting has constituted two Group of Ministers (GoM) to consider issues related to Incentivizing digital payments in GST regime & Imposition of Cess on Sugar under GST. Both GoMs will submit their reports within period of 15 days.
Key Facts
First GoM: It will consider the issues relating to incentivizing digital payments in GST regime. Sushil Kumar Modi, (Deputy Chief Minister, Bihar) is its convenor. Other members are Nitinbhai Patel (Dy. Chief Minister, Gujarat), Capt. Abhimanyu (Excise & Taxation Minister, Haryana), Dr. Amit Mitra (Finance Minister, West Bengal) and Shri Manpreet Singh Badal ( Finance Minister, Punjab).
Second GoM: It will consider issues relating to imposition of Cess on Sugar under GST. Himanta Biswa Sarma (Finance Minister of Assam) is its convenor. Other members are Rajesh Agrawal (Finance Minister, Uttar Pradesh), Sudhir Mungatiwar (Finance Minister, Maharashtra), D. Jayakumar (Minister for Fisheries and Personnel & Administrative Reforms, Tamil Nadu) and Dr. T.M. Thomas Isaa (Finance Minister, Kerala).
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Month: Current Affairs - May, 2018