The change of guard after the Assembly election in Karnataka and the Ministerial council shuffle in Tamil Nadu has triggered the need for the Goods and Services Tax (GST) Council to reconstitute at least three Ministerial panels tasked with recommending critical reforms of the indirect tax regime.
Basavaraj S. Bommai, who resigned as the Chief Minister of Karnataka on Saturday, was the chairperson of the GST Council’s group of ministers (GoM) tasked with the rationalisation of GST’s complex rates’ system with multiple tax slabs.
