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The Chairman of the GST Council in India is?

  • The Chairman of the Goods and Services Tax(GST )Council in India is the Finance Minister.The current Chairman of the GST Council is Nirmala Sitaraman.
  • GST was introduced in the Lok Sabha by the 122nd Constitutional Amendment Bill.
  • Formed under article 279 A, the GST Council makes important recommendations to the Union and the States on relevant issues related to the Goods and Services Tax. It was formed on September 10th, 2016.
  • The members of the GST Council are;
    1. Union Finance Minister
    2. Union Minister of State, in charge of Revenue of finance
    3. The Minister-in-charge of the finance or taxation or other Minister nominated by the State Government.
    • The GST Council ensures that a uniform rate of GST is applied to goods and services in India. The Council has classified 1300 goods and 500 services into four tax slabs. They are 5%, 12%, 18% and 28%.There are special rates for gold and semi-precious stones.
    • The important functions of the GST Council are to determine (1) the tax rate under the GST model (2) tax exemption rules and (3) tax laws and special exemptions for states in India.
    • The Quorum of GST Council includes one-half of the total members.
    • There are 4 different types of GST:
    1. Central Goods and Services Tax (CGST)
    2. State Goods and Services Tax ( SGST)
    3. Integrated Goods and Services Tax ( IGST)
    4. Union Territory Goods and Services Tax ( UTGST)

    Further Reading:

    Find more related IAS Questions in the linked article. 

    Related Links:

    Value Added Tax- Overview

    Taxation in India – Direct Taxes and Indirect Taxes

    Tobin Tax – Definition, Evaluation

    Carbon Tax – Meaning and an Overview

    Dividend Distribution Tax

    Corporate Tax – UPSC Notes for Indian Economy

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