Question

Briefly explain the functions of the GST council.

Answer 1

1. The GST Council will oversee the implementation of the GST. But the Central Board of Excise and Customs is responsible for the administration of the CGST and IGST Acts.
2. The Council makes recommendations on the rate of GST, apportionment of IGST, exemptions, model GST laws, etc.
3. The Minister of State in the Finance Ministry and all Finance Ministers of the State Governments shall be its members.
4. All decisions of the Council can be passed only with Atb of the total votes. Each state has one vote, irrespective of its size or population.