Key GST GoMs likely to be reshuffle after Karnataka Election result as Bommai resigns.

The Goods and Services Tax (GST) Council is a body that is responsible for the administration of the Goods and Services Tax (GST) in India. The Council is headed by the Union Finance Minister and comprises state finance ministers.

The GST Council has set up a number of groups of ministers (GoMs) to advise it on various aspects of GST. One of the key GoMs is the GoM on rate rationalisation. This GoM is responsible for reviewing the GST rate structure and making recommendations for rationalisation.

The current chairperson of the GoM on rate rationalisation is Basavaraj S Bommai, who is the former chief minister of Karnataka. Bommai has resigned from his position as chief minister following the BJP's rout in the Karnataka state elections.

With Bommai's resignation, the GST Council will have to appoint a new chairperson for the GoM on rate rationalisation. The new chairperson will be responsible for leading the GoM in its review of the GST rate structure and making recommendations for rationalisation.

The appointment of a new chairperson for the GoM on rate rationalisation is likely to be a matter of some significance. The GoM is responsible for a key aspect of GST administration,

and the appointment of a new chairperson will be seen as a signal of the government's commitment to GST reform.

The following are some of the key issues that the GoM on rate rationalisation is likely to consider: The current GST rate structure is complex and has been criticized for being too high in some cases.

The GoM may recommend a reduction in the number of GST rates or a simplification of the rate structure. The GoM may also recommend changes to the classification of goods and services under GST.

The GoM's recommendations are likely to be considered by the GST Council and the government. The government may decide to implement the GoM's recommendations in full or in part.