GST Council meet postponed to Dec​ first week​

With several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.The officers’ committee of both the Centre and states, however, will meet on November 25 to finalise the three draft legislations — CGST, IGST and compensation law. These will be placed in public domain for stakeholders’ comments.