Union Finance Minister Nirmala Sitharaman Chairs 48th Meeting of The GST CouncilThe 48th Goods and Services Tax (GST) Council Meeting was conducted virtually on December 17, 2022, in New Delhi, Delhi, and was presided over by Union Minister Nirmala Sitharaman, Ministry of Finance (MoF).
- The meeting was also attended by Union Minister of State (MoS) Pankaj Choudhary, MoF, as well as Finance Ministers of States & Union Territories (UTs) (with legislature) and senior officers of the MoF & States/ UTs.
i.The council has clarified the applicability of a 22 % cess on Sport Utility Vehicles (SUVs) provided four requirements are fulfilled.
ii.The GST on pulse husks has been decreased from 5% to NIL.
iii.In accordance with Section 132 of the Central Goods and Services Tax (CGST) Act of 2017, the GST Council suggested decriminalizing a number of offences.
About Goods and Services Tax (GST) Council
i.On September 12, 2016, the Union Cabinet, chaired by Prime Minister (PM) Narendra Modi, approved the establishment of the GST Council.
ii.The GST Council will be a joint forum of the Center and the States, in accordance with Article 279A of the amended Constitution.