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47th meeting of GST Council to be held in________.
A)
Manali
B)
Ladakh
C)
Srinagar
D)
Darjeeling

Correct Answer :   Srinagar


The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 28 and 29 in Srinagar.
 
"The 47th meeting of the GST Council will be held on June 28-29, 2022 (Tuesday & Wednesday) in Srinagar," the finance minister's office tweeted.
 
This is the second time that the GST Council meeting is being held in Srinagar. Before the launch of the Goods and Services Tax (GST) on July 1, 2017, the 14th meeting of the Council was held on May 18 and 19 in the city. GST rates on 1,211 items were approved at the two-day meeting.
 
The 47th GST Council meeting assumes significance as it is expected to discuss the report of the panel of state ministers on rate rationalisation and also the tax rate on casinos, race courses and online gaming.
 
The GST Council, chaired by the Union Finance Minister and comprising state counterparts, is also expected to discuss certain simplifications in procedures..

Source : Business Standard

Published On : June 18, 2022
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