With reference to GST Council, consider the following statements
I. It is considered as a federal body where both the Centre and the states get due representation.
II. Both the Union and the state have equal voting weightage in decision making.
III. Council's decisions are recommendatory in nature.
Which of the following statements is/are correct?
It is a constitutional body under Article 279A, introduced by the Constitution (One Hundred and First Amendment) Act, 2016. It is empowered to modify, reconcile or to procure any law or regulation based on the context of GST in India. It is also considered as a federal body where both the centre and the states get due representation. Functions: It makes recommendations to the Union and State Government on issues related to GST. Composition Chairperson: Union Finance Minister. Members: Union State Minister of Revenue or Finance and Ministers in-charge of Finance or Taxation of all the States. Every decision of the GST Council shall be taken at a meeting by a majority of not less than three-fourths of the weighted votes of the members present and voting, in accordance with the following principles, namely: Vote of the Central Government shall have a weightage of one third of the total votes cast. Votes of all the State Governments taken together shall have a Weightage of two-thirds of the total votes cast, in that meeting.
Three of the following words are alike in some manner and hence form a group. Which word does NOT belong to that group? ( The words must be considered...
If A = 26 and T = 7, then AUTHENTIC = ?
Select the option that is related to the third term in the same way as the second term is related to the first term:
DART : XGLZ : : SPIN :?
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be true...
Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at varian...
In the following question, select the related number from the given alternatives.
49: 245: 37: 148:: 47: ?
‘A # B’ means ‘A is the brother of B’.
‘A @ B’ means ‘A is the daughter of B’.
‘A & B’ means ‘A is the husband of Bâ...
Which of the following letter-clusters will replace the question mark (?) in the given series?
FUV, IXW, LAX, ?, RGZ