Explanation:

• The Goods and Services Tax or GST Council has fixed a uniform tax rate of 28% on both state-run and private lottery.
• It also decided to rationalise the GST rate on woven and non-woven bags to 18%.
• It was for the first time that the GST Council resorted to voting to decide on an issue as it fixed a uniform tax rate on both state and private lotteries.
• The GST Council also decided to exempt upfront amount payable for long term lease of industrial and financial infrastructure plots by an entity having 20% or more ownership of Central or State Government.
• GST Council  is a constitutional body under Article 279A. It makes recommendations to the Union and State Government on issues related to Goods and Service Tax and was introduced by the Constitution (One Hundred and First Amendment) Act, 2016.
• The GST Council is chaired by the Union Finance Minister and other members are the Union State Minister of Revenue or Finance and Ministers in-charge of Finance or Taxation of all the States.