GST Council

2 notes tagged GST Council.

• Polity

  GST Council: The Weighted Voting Formula, and Why Its Recommendations Are Not Binding

  Article 279A's exact one-third/two-thirds weighted vote, the three-fourths majority it needs, and the 2022 Supreme Court ruling that the Council's own recommendations do not bind Parliament or the states.

• Economy

  Tax Structure: GST, Direct Tax and the New I-T Act

  How GST's constitutional architecture and compensation mechanism work, why the direct-indirect tax mix flipped in FY25, and the Equalisation Levy changes.