User talk:Raghuvanshim040/sandbox

GST Council
GST council is a saturatory body under Article 279. It is consisting of Union Finance Minister as it's Chairman, Union Minister of State for Finance as it's member and also State Finance Minsters of all states.

Voting Under GST Council In its majority it consist of 1/3 votes of center and 2/3 voting right of states, It requires a majority of 3/4 to adopt a resolution for consideration. By this way it also promote federalism.

Functions of GST Council It decides tax rates under GST. It decides revenue threshold for traders to be exempted from GST. It recommends of taxes, cess, surcharge that are subsumed under GST. GST Council will decide the remaining products, if and when come under GST. GST Council decides for exemption of goods and services from GST. GST Council have final say on mechanism on between centre - state and state - state matters. Raghuvanshim040 (talk) 13:39, 16 January 2019 (UTC)