Some of the key topics that may be discussed in the next 45th GST Council Meeting:

The 45th GST Council meeting will take place in Lucknow on September 17, 2021. This is going to be a big meeting. This is the first time we’ve met in person in a long time. On June 12, 2021, the previous Council meeting was held by videoconference.

1. The Constitution (101st) Amendment Act of 2016 provides for a five-year term of compensation to states for revenue losses resulting from the introduction of the goods and services tax. The June 2022 deadline is rapidly approaching. States will be eager to see if their request for a longer compensation schedule is being considered. Compensation should be computed at a certain rate. the lapse in compensation and the time it takes to receive it

2. The question of bringing some petroleum goods into the GST system should be discussed. In view of the Kerala High Court’s decision, the Council would also consider taxing gasoline and diesel under the GST, a move that could necessitate significant concessions from both the federal and state governments on the money collected from these items.

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3. Proposal to classify food delivery apps like Zomato and Swiggy as restaurants and impose a 5% GST tax on their services. The proposal to make meal delivery platforms such as Swiggy and Zomato liable to pay the Goods and Services Tax on restaurant services provided via them would also be reviewed by the Council in order to combat tax evasion.

4. In light of COVID and the recommendations of the 43rd and 44th GST Council sessions, a reassessment of the rate reductions offered on various products is required.

5. With effect from April 1, 2022, the Panel has suggested a Special Composition Scheme in the Brick Kiln sector, prescribing a GST rate of 6%, without ITC, equivalent to the rate in the services sector.

6. The GST Tribunal’s National Bench and Regional Benches must be operational by the time the Council decides.

New GST registration denial have a serious impact on our economy 

7. The Council should also consider whether an apex GST advance ruling authority is necessary.

8. A bureaucratic implementation committee independent of the Council has been proposed by a number of state finance ministers.

9. The GST revenue performance should likewise be rigorously scrutinised by the Council.