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Discussion :: Persons - Latest Current Affairs (Q.No.107)

107. 

Who chaired the 41st GST Council meet?

[A]. Narendra Modi
[B]. Nirmala Sitharaman
[C]. Smriti Irani
[D]. Amit Shah

Answer: Option B

Explanation:

On August 27, 2020, the finance Minister Nirmala Sitharaman chaired the 41st GST Council meet. The council discussed states' compensation and revenue losses. What is GST Compensation? As a part of GST reforms, GST Compensation Cess was introduced through GST (Compensation to States) Act, 2017. The cess was levied on inter and intra state supply.

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