CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the head of Group of Ministers (GoM) on GST revenue shortfall faced by states?
A
Sushil Kumar Modi
B
Shivraj Chouhan
C
Raman Singh
D
Vasundhara Raje Scindia
Explanation: 

Detailed explanation-1: -New Delhi: Bihar Deputy Chief Minister Sushil Modi will head the seven-member committee to look into revenue shortfall being faced by the states after the GST roll-out, and suggest steps for augmenting collections, a GST Council notification said.

Detailed explanation-2: -The chairman of the GST Council of India is the Union Finance Minister Nirmala Sitharaman. The GST Council is a joint forum of the Center and the States, established by the President in accordance with Article 279A(1). The governing body of GST is the GST Council.

Detailed explanation-3: -GST Council is being assisted by a Secretariat. The Goods and Service Tax Council (hereinafter referred to as, “GSTC”) comprises of the Union Finance Minister, the Minister of State(Revenue) and the State Finance Ministers to recommend on the GST rate, exemption and thresholds, taxes to be subsumed and other matters.

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