No, there is no such correlated sections in the two Acts.
(ICAI FAQ PUBLICATIONS 06-09-2017 EXEMPTION : FAQ NO. 3)
Does exemption from CGST automatically operate as exemption from SGST
Yes, notification issued under section 11(1) or 11(2) of the CGST Act will be deemed to be issued under the SGST Act / UTGST Act, reference can be taken from section 11(4) of SGST Act and section 8(4) of UTGST Act.
(ICAI FAQ PUBLICATIONS 06-09-2017 EXEMPTION : FAQ NO. 2)
Whether Council has powers to grant exemption from payment of taxes
No, the power to grant exemption is vested with the Government. In other words, the Government by notification on the recommendations of the Council may grant exemption from tax generally, either absolutely or subject to such conditions as may be notified from the whole or any part of the tax leviable thereon.
(ICAI FAQ PUBLICATION 06-09-2017 POWER TO GRANT EXEMPTION FROM TAX: FAQ NO. 1)