Quick Summary
Finance Minister Smt. Nirmala Sitharaman in a debate in the Lok Sabha on 23rd March 2021 regarding the Finance Bill 2021, made clear to the Parliament members that GST-related matters are not similar to that of the Ministry of Finance matters as the decisions related to GST are made by the GST Council, wherein, all state ministers of Finance are members. Read the official reply given by the Finance Minister below:
GST-related matters are not Ministry of Finance matters. They are the GST council matters in which all states' Finance Ministers are members. Without the council's clearance, no step is taken: Smt Nirmala Sitharaman in her reply to the debate on the Finance Bill, 2021 in Lok Sabha.
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FAQ :
Decisions regarding GST are made by the GST Council, which comprises finance ministers from all states.
No, the Finance Minister stated that GST-related matters are not Ministry of Finance matters.
The Finance Minister made this clarification during a debate on the Finance Bill 2021 in the Lok Sabha on 23rd March 2021.
The GST Council is where decisions related to GST are made, and it includes all state finance ministers.
No, the Finance Minister clarified that no step is taken regarding GST without the council's clearance.
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