After Supreme Court Verdict On GST, Council Meetings May Not Be The Same Again
A recent Supreme Court judgement delivered on the issues related to the goods and services tax (GST) is at the centre of a debate about taking away the powers of the GST Council and making it a toothless body. Delivering its verdict on levying tax on ocean freight, the Supreme Court has concluded that recommendations of the GST Council are not binding on either the Union or the states. “The ‘recom…