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Revenue Secretary Hasmukh Adhia said that all decisions of the GST Council will be based on consensus, and that some give and take was necessary between the Centre and the States on the rates.
“The position of the GST Council is such that unless the majority of the States as well as the Centre agree, no resolution can be passed. For a resolution to be passed, 75 per cent of the votes are required out of those present and voting… virtually all the decisions have to be based on consensus,” he told BusinessLine .
A final decision on the GST rates will be taken by the Council. “A quorum of 50 per cent is required. The Centre has a one-third weightage in the vote while the State Governments collectively have two-thirds weightage,” said Adhia.
The Revenue Secretary acknowledged that the Council will have to work overtime to meet the April 1, 2017 deadline. “The time taken in sorting out key issues will depend on the keenness and availability of time of the States to hold multiple meetings during September, October and November,” he said.
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