Finance Minister Arun Jaitley will today chair the 17th meeting of the GST Council in New Delhi to finalise tax rates on lottery as well as rules relating to e-way bill and anti-profiteering measures. <br/><br/>The one-day meeting will be attended by the Finance Ministers of different States and Union Territories. The main agenda of the meeting include approval of draft GST Rules and related Forms for advance ruling, assessment and audit. <br/><br/>The GST Council had in April come out with the draft e-way bill rules that made it necessary for any movement of goods, within or outside the state, having value of more than 50,000 rupees to be registered with the GST-Network (GSTN) website.<br/> <br/>The council has already finalised tax rates on almost all goods and services in the bracket of zero, 5, 12, 18 and 28 percent. <br/><br/>In its last meeting, the Council had reduced tax levels on 66 goods including incense sticks or Agarbatti, packaged food and insulin, as against representations received for 133 items.<br/><br/>Composition amount under the Goods and Services Tax was also raised to 75 lakh rupees for traders, manufacturers, restaurants against earlier 50 lakh.