GST Council 45th meeting: Here are key issues that may be addressed

The 45th GST Council meeting is scheduled to be held on September 17. Without reading too much into the rationale for selecting Lucknow as the venue, suffice it to say this will be a significant meeting. This is the first physical meeting after a long time. And the long shadow of compensation to States hangs heavily. The Constitution (101st) Amendment Act 2016 provides for compensation to the Stat…