Goods and Services Tax Council (India)

E481975

constitutional body government council

The Goods and Services Tax Council (India) is a constitutional body that formulates key policies, tax rates, and regulations for the implementation and administration of the Goods and Services Tax across the country.

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Observed surface forms (1)

Surface form	Occurrences
Goods and Services Tax Council	2

Statements (48)

Predicate	Object
instanceOf	constitutional body ⓘ government council ⓘ
abbreviation	GST Council NERFINISHED ⓘ
constitutionalArticle	Article 279A of the Constitution of India ⓘ
country	India ⓘ
decisionRule	decisions require at least three-fourths of weighted votes of members present and voting ⓘ
establishedBy	Constitution (One Hundred and First Amendment) Act, 2016 NERFINISHED ⓘ
governanceModel	cooperative federalism ⓘ
hasChairperson	Union Finance Minister of India NERFINISHED ⓘ
implementedTaxSystem	Goods and Services Tax regime effective from 1 July 2017 ⓘ
includesMember	Minister in charge of Finance or Taxation from each State ⓘ Minister in charge of Finance or Taxation from each Union Territory with legislature ⓘ Union Minister of State in charge of Revenue or Finance ⓘ
jurisdiction	Republic of India NERFINISHED ⓘ
legalStatus	constitutional body under the Constitution of India ⓘ
meets	periodically to review GST implementation ⓘ
parentFramework	federal fiscal framework of India ⓘ
power	recommend changes in GST rates ⓘ recommend inclusion or exclusion of goods and services under GST ⓘ recommend special rates for natural calamities ⓘ
purpose	create a common national market through GST ⓘ ensure uniformity of GST laws and procedures across India ⓘ
relatedLegislation	Central Goods and Services Tax Act, 2017 NERFINISHED ⓘ Goods and Services Tax (Compensation to States) Act, 2017 NERFINISHED ⓘ Integrated Goods and Services Tax Act, 2017 NERFINISHED ⓘ State Goods and Services Tax Acts NERFINISHED ⓘ
relatedTo	Goods and Services Tax (GST) in India ⓘ
responsibility	decide GST exemptions and thresholds ⓘ determine GST tax rates ⓘ formulate GST-related policies ⓘ make recommendations on Goods and Services Tax ⓘ oversee implementation of Goods and Services Tax ⓘ promote harmonization of GST structure across India ⓘ recommend compensation to States for revenue loss on account of GST ⓘ recommend date on which petroleum products may be subjected to GST ⓘ recommend model GST laws ⓘ recommend principles of apportionment of GST between Union and States ⓘ recommend principles of levy of GST ⓘ recommend special provisions for certain States under GST ⓘ
scope	Goods and Services Tax policy ⓘ indirect taxation ⓘ
secretariatLocation	New Delhi NERFINISHED ⓘ
startDate	2016 ⓘ
votingStructure	State Governments collectively have two-thirds of total votes ⓘ Union Government has one-third of total votes NERFINISHED ⓘ
worksWith	State Governments of India NERFINISHED ⓘ Union Government of India NERFINISHED ⓘ Union Territory Governments with legislatures NERFINISHED ⓘ

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Finance Minister of India → chairs → Goods and Services Tax Council (India) ⓘ

State Governments of India → participateIn → Goods and Services Tax Council (India) ⓘ

this entity surface form: Goods and Services Tax Council

States → participateIn → Goods and Services Tax Council (India) ⓘ

subject surface form: States of India

this entity surface form: Goods and Services Tax Council