GST Council's 30th meeting concludes, proposes formation of GoM to deliberate on 'Calamity Cess'

GST Council's 30th meeting concludes today; Council decides to form a 7 member Group of Ministers (GoM) to work out mechanism to evolve a model where all distressed States can be helped in times of calamity; Council while stating that revenue gap is decreasing and GST collections of many North East States are above expectation, agrees to wait till next month to understand the trend; Council also discussed 1% PAN India tax in commodities; However, there was no discus...