Which of the following statements with reference to Goods and Services Tax is are correct Every deci...........

Rajasthan Polity and Governance

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Which of the following statements with reference to Goods and Services Tax is/are correct?

Every decision of the Goods and Services Tax Council is taken by a majority of not less than three-fourths of the weighted votes of the members present and voting.
The vote of the Central Government has a weightage of one third of the total votes cast.

1 only

2 only

Both

None

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Explanation:

Goods and Services Tax Council is a constitutional body under Article 279A of the Constitution of India.

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.

Every decision of the Goods and Services Tax Council shall be taken at a meeting by a majority of not less than three-fourths of the weighted votes of the members present and voting, in accordance with the following principles:

The vote of the Central Government shall have a weightage of one third of the total votes cast

The votes of all the State Governments taken together shall have a weightage of two-thirds of the total votes cast, in that meeting.