GST council to consider tax reform package

The Goods and Services Tax Council will soon consider a comprehensive tax reform package covering rates rationalisation, simplification of procedures and compensation cess issues, people with direct knowledge of the matter said.

- Rajeev Jayaswal

NEW DELHI:

The central government does not want to convene the meeting of the GST Council in a hurry as officials are working on all the three issues, they said, requesting anonymity. "As substantial issues are under consideration, proposals need to be well-prepared before the council would deliberate on these matters. States also need to be given about three weeks' notice," one of them said.