Current Affairs - Bills and Acts - Discussion

The Goods and Services Tax (GST) Council, responsible for making recommendations on various aspects of GST implementation, was constituted under Article 279A of the Indian Constitution. This Article was introduced by the 101st Constitutional Amendment Act, 2016. It provides for the creation of the GST Council, which includes the Union Finance Minister as the Chairperson and state finance ministers as members. The Council plays a pivotal role in determining tax rates, exemptions, and other key aspects of GST. Its formation was a significant step in ensuring cooperative federalism in India's tax administration.