Union Finance Minister Arun Jaitley will chair the 17th meeting of the GST Council in New Delhi. The one-day meeting will be attended by the Finance Ministers of different States and Union Territories. Main agenda items of the meeting include confirmation of the minutes of the 16th GST Council meeting, approval of draft GST Rules and related Forms for advance ruling, assessment and audit and others.
The council has already finalised tax rates on almost all goods and services in the bracket of nil, 5, 12, 18 and 28 percent. In the last meeting of the council on 11 June, tax rates on 66 items, including agarbatti, packaged food and insulin, were lowered.