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ARTICLE · 23 DECEMBER 2019

GST Council Meeting Passes Without Any Expected Rate Hikes

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The GST Council (Council) met on 18 December 2019 for the 38th time since the rollout of Goods and Services Tax (GST) regime.

IndiaTax

The GST Council (Council) met on 18 December 2019 for the 38th time since the rollout of Goods and Services Tax (GST) regime. Amidst concerns of rate hikes and introduction of cesses for increasing revenue collections, the Council restricted the changes only to procedural changes and a few tweaks in the rate structure. This was also the first time that the members of the Council (after its constitution) had to call for a vote to effect certain rate changes. The relevant notifications to effect the changes shall be issued in due course. The changes recommended by the Council have been captured below:

Rate Changes

  • Lotteries run by State and State authorised entities, will be subjected to 28% GST effective from 1 March 2020.

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