GoM to be formed to study GST revenue collection in some of the States

GoM to be formed to study GST revenue collection in some of the States

Ministry of Finance

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.

You may also refer : 31^st GST Council Meeting Updates

 

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1.	Key updates of 31st GST Council Meeting | 31st GST Council Meeting updates
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3.	Recommendations made during 31st Meeting of the GST Council : MOF
4.	A Centralised Appellate Authority for Advance Ruling to be formed
5.	Composition Scheme to be framed for Small Service provider : MOF
6.	GST Rate Changes after 31st GST Council Meeting : MOF
7.	GoM to be formed to study GST revenue collection in some of the States