What they plan to fix in the next GST Council meeting
The goods and services tax (GST) Council will soon meet to discuss extension of GST compensation to states beyond 2022, and will attempt to fix certain tax anomalies. Mint takes a look at the implications for consumers and businesses. What issues are likely to figure in the meet? The council is expected to examine demands from states for extending the period of GST compensation beyond June 2022, w…