GST Council meet: Extension of compensation cess to states to be in focus

The much-awaited 47th Goods and Services Tax (GST) Council meeting, with its focus on GST rate restructuring and extension of GST compensation cess, will now possibly be held in the first week of May, once the Union Finance Minister  Nirmala Sitharaman  returns from her 10-day visit to the US after attending the World Bank-IMF meeting earlier this month. Among the many items on the Counc…