Frequently Asked Questions

What is GSTC and its functions?

GSTC is the abbreviation for The Goods and Services Tax Council. It is a Constitutional Body created for taking policy decisions about introduction and implementation of GST, including about exemptions, tax rates and tax credits.

Union Finance Minister is the Chairperson of GST Council. The Union Minister of State in charge of Revenue or Finance of the Central Government. and the Minister in charge of Finance or Taxation or any other Minister nominated by each State Government are members of the GSTC.

Decisions of GSTC are not binding on legislatures. However, it is expected that both the Centre and States will abide by the recommendations of GSTC. GSTC will devise a mechanism for dispute resolution if any constituent deviates
from its recommendations.

GSTC has the powers to allow exceptions or deviations to any tax regime from the agreed mandate in circumstances of exceptional nature e.g. earthquake.

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