The Goods and Services Tax (GST) Council will meet here on June 22, with a packed agenda, including proposals to bring natural gas and aviation turbine fuel (ATF) under the ambit of the GST, and a review of the way the tax on consumption is applied on online gaming, casinos and horse racing.
The meeting, the first after the new National Democratic Alliance assumed office, is, however, unlikely to take up the long-pending agenda of an overhaul of the GST slabs. That would require more technical inputs, as an earlier ministers’ committee that reviewed the matter was disbanded.
An ongoing process of correcting inverted duty structures may still be carried forward, with changes in tax rates for some products in the textile and fertiliser value chains.