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The GST Council is a joint forum of the central and state governments, chaired by the Union Finance Minister. Its members include the Union Minister of State for Finance (Revenue) and finance ministers from each state. The Council makes decisions through voting, where the central government holds one-third of the total voting power, and the state governments hold two-thirds. The Council meets regularly to discuss and resolve tax policy issues, ensuring cooperative federalism in GST administration.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"
Key Takeaways Why Is a GST Council Necessary? The GST Council is an apex decision-making body that enforces, reconciles and amends laws and regulations and makes major decisions pertaining to goods and services tax in India. The Union Finance Minister heads the committee with assistance from state finance ministers. Thus, the council is the governing […]<\/p>\n","protected":false},"author":8,"featured_media":20338,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-20337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gst"],"_links":{"self":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/20337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/comments?post=20337"}],"version-history":[{"count":1,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/20337\/revisions"}],"predecessor-version":[{"id":72057,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/posts\/20337\/revisions\/72057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media\/20338"}],"wp:attachment":[{"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/media?parent=20337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/categories?post=20337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/piceapp.com\/blogs\/wp-json\/wp\/v2\/tags?post=20337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}