GST Council to review revenue position, compensation cess on December 182Photo© timesofindia.indiatimes.com

GST Council to review revenue position, compensation cess on December 18

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The GST Council meeting scheduled to be held on December 18 is likely to deliberate on raising cess on some more products to meet the growing need of compensation among other issues.

The meeting of all-powerful GST Council is going to be held against the backdrop of lower-than-expected GST collection.

The GST Council will deliberate on the matter of GST compensation at its meeting on December 18, Minister of State for Finance Anurag Singh Thakur said on the sidelines 62nd founding day of Directorate of Revenue Intelligence (DRI).