Tuesday, Apr 23, 2024 | Last Update : 12:25 PM IST
Assam FM Himanta Biswa Sarma to head panel to vet GST
Currently, only 15.50 lakh businesses out of the total 98 lakh have opted for the composition scheme.
New Delhi: A group of ministers (GoM) has been set up under Assam finance minister Himanta Biswa Sarma to make the composition scheme more attractive and also revisit GST rates on restaurants.
The GST Council, chaired by finance minister Arun Jaitley and consisting of his state counterparts, had on Friday constituted the GoM, which will submit its report within two weeks.
The other members of the GoM are Bihar deputy chief minister Sushil Modi, J&K fina-nce minister Haseeb Drabu, Punjab finance minister Manpreet Singh Badal and Chhattisgarh commercial taxes minister Amar Agrawal, according to an office memorandum. Currently, only 15.50 lakh businesses out of the total 98 lakh have opted for the composition scheme.
