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Question

Consider the following relating to the GST council.

1. It is chaired by the Union finance minister.
2. The states share under GST is 1/3 rd of the total votes.
3. The centre's share under GST is 2/3 rd of the total votes.

Which of the above statements are correct?

A

1 only
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B

1 and 2
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C

1 and 3
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D

1,2 and 3
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Solution

The correct option is A
1 only
The GST Council is chaired by the Union Finance Minister and other members are the Union State Minister of Revenue or Finance and Ministers in-charge of Finance or Taxation of all the States.

Every decision of the Goods and Services Tax Council shall be taken at a meeting by a majority of not less than three-fourths of the weighted votes of the members present and voting.

The vote of the Central Government shall have a weightage of one third of the total votes cast, and the votes of all the State Governments taken together shall have a weightage of two-thirds of the total votes cast, in that meeting.

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