Union Finance and Corporate Affairs Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council in Jaisalmer, Rajasthan, on Saturday. State Finance Minister Pankaj Chaudhary and Chief Ministers of Goa, Haryana, Jammu and Kashmir, Meghalaya and Odisha, Deputy Chief Ministers of Arunachal Pradesh, Bihar, Madhya Pradesh, Rajasthan and Telangana, and Finance Ministers of States and UTs were present on the occasion, among to other officials.
Here are some key takeaways from the 55th meeting of the GST Council:
- A decision on insurance products has been postponed for further research
In its last meeting, in September, the GST Council decided on tariffs that affect the value of goods and services including certain drugs, snacks, auto parts and helicopter passenger transport.
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