Final GST Council Meet to be Held in Srinagar on 18-19 May

GST Council - Srinagar, Jammu and Kashmir

GST Council’s final meeting would be held in Srinagar, Jammu & Kashmir on 18-19 May where they would decide the final rate of goods and services before the impending GST rollout scheduled for July 1. The meet would be attended by officials from 29 states and union territories, the Revenue Department and the Finance Minister, Arun Jaitley.

The Council would set the final rate of several goods ads services such as sin goods (cigarettes, pan masala); luxury goods, gold, air travel, hotel reservations, restaurants. Furthermore, several services except those belonging to the negative list of essential services like healthcare and education would fall under the ambit of GST.

Read more here