The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley will chair the 15th Meeting of the GST Council scheduled to be held today, i.e., Saturday, 3rd June, 2017 at Vigyan Bhavan in the national capital.
This meeting is important because it is likely to finalize the rates of tax and cess to be levied on the commodities remaining after the fitment exercise in the 14th GST Council Meeting. Besides it, approval of amendments to the draft GST Rules and related Forms are also on the agenda among others of the aforesaid one day meeting.
The meeting is likely to be attended by the Finance Ministers of different States/UTs being the member of the GST Council along with the senior officers. During the 14th GST meeting few products were remained without GST rate-n-tax including natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation, jewellery; coin.