Motilal Oswal
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Motilal Oswal

FM Nirmala Sitharaman to chair 35th GST Council meet today

Updated : June 21, 2019 08:46 AM IST

A host of items are likely to be discussed in the 35th GST Council meet on Friday including a fresh proposal for e-Ticketing for cinema tickets to curb tax leakages and a proposal for reducing GST rates on electric vehicles and related supplies from the current 12 percent to 5 percent.

Apart from this, the Centre will inform the Council regarding the direction of Delhi High Court to examine the valuation mechanism prescribed for solar power generating systems.

The Council will also consider the creation of state and area-based benches for GST appellate tribunals and discuss a detailed proposal on the introduction of electronic invoicing system to curb tax evasion.

This is the first GST Council meeting under the chairmanship of the newly elected finance minister Nirmala Sitharaman.

Sitharaman is also scheduled to meet her state counterparts today to hold crucial discussions on the upcoming Union Budget, which will be presented on July 5.
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