GST Council — Prelims Questions

Which of the following statements about the Goods and Services Tax (GST) Council is/are correct? 1. It is a statutory body established under the Goods and Services Tax Act, 2017. 2. The Union Finance Minister is the ex-officio Chairperson of the Council. 3. Every decision of the Council requires a simple majority of the members present and voting. 4. The vote of the Central Government has a weightage of one-third of the total votes cast.

Which of the following subjects are NOT explicitly mentioned in Article 279A(4) as areas for the GST Council's recommendations? 1. The taxes, cesses, and surcharges levied by local bodies to be subsumed in GST. 2. The threshold limit of turnover below which goods and services may be exempted from GST. 3. The date on which GST shall be levied on petroleum crude and motor spirit. 4. Principles for the distribution of grants-in-aid to states by the Central Government.

Regarding the Goods and Services Tax (GST) Council, which of the following statements is correct?

Consider the following statements regarding the Goods and Services Tax (GST) Council: 1. It is guided by the need for a harmonised structure of GST and for the development of a harmonised national market. 2. It recommends the date on which GST shall be levied on alcohol for human consumption. 3. The Union Minister of State in charge of Revenue or Finance is a member of the Council.

Which of the following is NOT a direct implication of the GST Council's functioning for Indian federalism?