GST Council to take call on turning GSTN into govt entity on May 1

GST Council will also weigh options of raising the government's stake in the IT body to 51% from the current 49%

The Goods and Services Tax (GST) Council meeting on May 1 will deliberate on the pros and cons of converting the GST Network (GSTN), the GST’s information technology backbone, into a government-owned company. 

The meeting, to be held via video conferencing, is likely to discuss simplifying return forms and the recent resolution by the authority of advance ruling (AAR) on imposing the GST on duty-free outlets at Indira Gandhi International Airport.

“The Council will meet on May 1 with a limited agenda of converting GSTN