Long awaited GST council meeting ready to take decision on some crucial matters begin from today to discuss on the tax rate in new tax regime including the cess.

It is likely to come on consensus on 4-tier tax rate structure of 8, 12, 18 and 26 percent as proposed earlier.

The meeting will have to sort out the issues concerning tax rate to enable parliament to approve the CGST and IGST legislation in the winter session beginning from November 16 and it will help government to roll out  GST from 1^st April 2017.