Expected key points to be discussed in the upcoming GST Council Meet

Abhishek Raja | Last updated: 22 May 2023

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The upcoming 50th GST Council meeting, scheduled for June 22-23, will address several crucial issues. Key discussion points include the potential extension of the compensation cess beyond June 2022, which was introduced to offset states' revenue losses from GST implementation. The council will also explore rationalising the current five GST rate slabs to simplify the tax structure. Furthermore, the implementation of e-way bill 3.0, an upgraded system for tracking goods movement, is expected to be discussed to enhance efficiency and combat tax evasion.

Upcoming GST Council meet is special as it is 50th GST Council Meet. GST Council to meet on June 22-23 to discuss key issues. The GST Council is scheduled to meet on June 22-23 to discuss a number of key issues, including the extension of the compensation cess, rationalization of rates, and the i

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About the Author

Abhishek Raja

Practising CA

Blogger at GSTPanacea.com Fellow Member of ICAI M.Com, DISA(ICAI), Certified Indirect Taxes (ICAI)-Experience in the field of Indirect Taxation for 15 years Certified Valuer (ICAI) Member Sales Tax Bar Association (Delhi) Member Taxation Bar Association (Ghaziabad) Ex-Member NIRC Company Law Research Group-2014- ... Read more

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