2nd GST Council Meeting held on 30th September, 2016 in New Delhi

The agenda for the second GST Council Meeting which took place in New Delhi was to approve the draft rules for GST in relation to registration, payment, return, refund etc. The decisions Inter alia, are as following:
1: Exemptions and Incentives of excise duly available to North eastern and special category states to be provided by way of refund.
2: Specific Industrial Exemptions may likely to be continued and provided to the Business Entities/Goods/Services. The same is to be discussed wih States acordingly.
3: Control of Service Tax assessees, though decided in first meeting, shall be re-examined as some states have raised concerns over Centre’s control on services such as works contracts, software contracts, restaurant supplies etc. It is expected that a group of CBEC officials shall work out a formula which is acceptable to all. However, this appears to be a grey area which may invite issues from the states.