The Council, headed by Finance Minister Arun Jaitley and comprising representatives of all states, also finalised the e-way bill that mandates pre-registration of all goods worth over Rs 50,000 before they are moved for sale beyond 10 km.
Briefing reporters after the meeting, he said the date of application of the e-way bill would be notified shortly. It will not be applicable for exempted goods.
Work contracts under GST will be taxed at 12 per cent with input tax credit.
He said more than 71 lakh central and state taxpayers have migrated to the Goods and Services Tax (GST) system and and have completed registration. Another 15.67 lakh new applications for registration have been received.
The Council will meet next on September 9 in Hyderabad, Jaitley added.
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