Union Finance Minister Nirmala Sitharaman chaired the 53rd Goods and Services Tax (GST) Council meeting scheduled later on Saturday.
The GST meeting will be the first after the formation of the NDA government and after a gap of eight months. The 52nd GST Council meeting was held on October 7, 2023. All the state finance ministers are likely to attend the GST Council meeting.
The agenda of the GST Council meeting is not announced yet. At the GST Council meeting, several issues pertaining to the GST regime, such as tax rates, policy modifications, and administrative challenges are likely to be discussed. The goods and services tax was introduced in the country with effect from July 1, 2017.
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