New Delhi: The meeting of the GST Council on Thursday, which was to decide on cutting tax rates on electric vehicles, has been postponed as Finance Minister Nirmala Sitharaman was pre-occupied in Parliament, officials said.
The 36th GST Council meeting, which was to be held through video conferencing, had only one item in the agenda and that was to consider the Centre’s proposal to slash GST rates to 5 per cent from 12 per cent on e-vehicles.
The GST Council meeting has been postponed, officials said, adding Sitharaman was required to be present in Parliament, as Rajya Sabha was scheduled to take up for discussion amendments to the Insolvency and Bankruptcy Code.