Current Affairs - Persons - Discussion

Discussion Forum : Persons - Latest Current Affairs (Q.No. 1806)

2020-08-28 Persons

1806.

Who chaired the 41st GST Council meet?

Narendra Modi

Nirmala Sitharaman

Smriti Irani

Amit Shah

Answer: Option

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.