Himanta heads GoM on GST

Update: 2010-09-15 00:00 GMT

NEW DELHI, Oct 8 - A group of ministers (GoM) has been set up under Assam Finance Minister Himanta Biswa Sarma to make the composition scheme more attractive and also revisit GST rates on restaurants.

The GST Council, chaired by Finance Minister Arun Jaitley and consisting of his state counterparts, had on Friday constituted the GoM, which will submit its report within two weeks.

The other members of the GoM are Bihar Deputy Chief Minister Sushil Modi, Jammu and Kashmir Finance Minister Haseeb Drabu, Punjab Finance Minister Manpreet Singh Badal and Chhattisgarh Minister of Commercial Taxes Amar Agrawal, according to an office memorandum.

With only 15.50 lakh businesses out of the total 98 lakh registered under the goods and services tax (GST) regime opting for the composition scheme, the GST Council has decided to set up the GoM to examine measures to make it more attractive. � PTI

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