Inverted Duty correction on gst council's agenda

The GST council in its upcoming two day meeting is likely to take up the fitment committee's recommendations which propose rising rates on certain goods and services, including LED lights, lamps and  leather and also pruning exemptions on a host of items , including some packaged food products said officials privy to the agenda for the meeting. The council may discuss adjusting and rectifying the inverted duty structure for certain items including printing and drawing ink . Suggestions also include correcting the inverted duty structure for solar water heaters and systems along with the finished leather and composition leather and the work contract provided to the government.These are expected to be part of the agenda for the meeting on June 28 and June 29. Further to provide a boost to the unorganised sector the council may extend the composition scheme to online sellers and also exempted them from compulsory registration norms , subject to certain conditions. The GST law committee learnt to have discussed these challenges and proposed multiple steps to the council to weed out the disparity between online and offline sellers with certain riders.