Constitution of India
ARTICLES
PART XII: FINANCE, PROPERTY, CONTRACTS AND SUITS
CHAPTER I: FINANCE
Distribution of Revenues between the Union and the States
Article 279A: Goods and Services Tax Council.
Bare Act
Goods and Services Tax Council
(1) The President shall, within sixty days from the date of commencement of the Constitution (One Hundred and First Amendment) Act, 2016, by order, constitute a Council to be called the Goods and Services Tax Council.
(2) The Goods and Services Tax Council shall consist of the following members, namely:
- (a) the Union Finance Minister - Chairperson;
- (b) the Union Minister of State in charge of Revenue or Finance - Member;
- (c) the Minister in charge of Finance or Taxation or any other Minister nominated by each State Government - Members.<… Read the complete text with KanoonGPT Pro.
Simplified Act
Goods and Services Tax Council
(1) The President must set up a group called the Goods and Services Tax (GST) Council within 60 days after the Constitution (One Hundred and First Amendment) Act, 2016 starts.
(2) The GST Council will have the following members:
- (a) The Union Finance Minister - Chairperson;
- (b) The Union Minister of State in charge of Revenue or Finance - Member;
- (c) Th… Read the complete text with KanoonGPT Pro.
Explanation using examples
Example 1:
Scenario: Introduction of a new tax rate for luxury goods.
Details: The Goods and Services Tax Council (GST Council) is convened to discuss the introduction of a new tax rate for luxury goods such as high-end cars, yachts, and private jets. The Union Finance Minister, the Union Minister of State in charge of Revenue, and the Finance Ministers from all the States are present.
Process:
- The Union Finance Minister chairs the meeting.
- The Council discusses the need for a higher tax ra… Read the complete text with KanoonGPT Pro.
