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New Delhi: With several states suggesting changes in the model GST law and compensation formula, the GST Council meeting scheduled for November 25 has been postponed to December 2-3.
The officers’ committee of both the Centre and states, however, will meet on November 25 to finalise the three draft legislations — CGST, IGST and compensation law. These will be placed in public domain for stakeholders’ comments.
The Centre proposes to introduce these legislations as money bills to ensure they are not stuck in the Rajya Sabha where the ruling NDA does not have a majority.
Sources said that since the legal changes in the draft laws would take some time, it was decided to postpone the November 25 meeting of the all-powerful GST Council.
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