Karnataka Chief Minister Basavaraj Bommai, who returned to Bengaluru after attending the 47 th GST Council meeting in Chandigarh on June 28-29, said the Council will take a final decision in August on the contentious issue of extension of GST compensation to States.
The GST Council – the highest decision-making body of the indirect tax regime, which is headed by Union Finance Minister Nirmala Sitharaman and comprises representatives of all States and UTs – discussed the issue in Chandigarh, but could not arrive at a decision, Mr. Bommai said.
Speaking to reporters in Bengaluru on June 30, Mr. Bommai, who heads the Group of Ministers on GST, submitted to the Council an interim report on calibration of GST rates on various commodities.
