The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has approved setting up of GST Council.
The Cabinet also decided to provide for adequate funds for meeting the recurring and non-recurring expenses of the GST Council Secretariat, the entire cost for which shall be borne by the Central Government. The GST Council Secretariat shall be manned by officers taken on deputation from both the Central and State Governments.
The steps required in the direction of implementation of GST are being taken ahead of the schedule so far.
The Finance Minister has also decided to call the first meeting of the GST Council on 22nd and 23rd September 2016 in New Delhi.