The Central Government determines the rate of tax under the Central Goods and Services Tax (CGST) Act, but it does so based on the recommendations provided by the GST Council. The GST Council is a body that includes representatives from both the Central and State Governments, and it collaboratively decides on GST-related matters, including tax rates. So, the rate of tax is ultimately set by the Central Government, but it follows the guidance and recommendations of the GST Council to ensure a consensus among the states and the central authority.
When is the Indian Coast Guard Day celebrated?
What is the goal of the ASCI guidelines?
What is the aim of International Mother Language Day?
Which major event is scheduled to be held in Jaipur involving French President Emmanuel Macron?
Who developed the first lab-grown fish meat in India?
What was the projected CPI inflation for the fiscal year 2024-25 according to the RBI?
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What is the role of the newly signed MoU between Indian Railways and CII?
Which educational project is Coal India Limited partnering with EdCIL to implement?
Which recent development project was supported by a grant from New Delhi in Jammu and Kashmir?