41st GST Council meet: Covid makes for grim backdrop as battle brews over revenue sharing

The Goods and Services Tax (GST) Council has scheduled two important meetings on August 27 and September 19, according to senior Government sources. Finance Minister  Nirmala Sitharaman  had earlier mentioned that the Council’s 41st meeting on August 27 would discuss a single matter: compensation to states for revenue losses under the  indirect tax regime .  As compensation ces…