45th GST Council meeting scheduled for Sep 17
The Finance Minister, Nirmala Sitharam will chair the 45th GST Council meeting on 17th September at Lucknow. The GST Council meet will be the 1st physical meeting since March 2020 i.e. COVID-19 era. GST Council
GST Council reduces GST Rate on various Goods and Services
The GST Council’s 47th meeting was held in Chandigarh on 28th and 29th June, 2022 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman has reduced the GST Rate on
Conditional IGST Exemption to Foreign-Flagged-Foreign-Going Vessels: GST Council
The 52nd Goods and Services Tax (GST) Council Meeting, presided by Union Finance Minister, held on October 7th, 2023. The minister was accompanied by Revenue Secretary Sanjay Malhotra, State Finance Minister Pankaj Chaudhary, CBIC chairman
GST Council’s Goods and Services Tax Rate Recommendations: Comprehensive Overview
The 52nd meeting of the GST Council convened in New Delhi, with Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, presiding over the proceedings on 7th October 2023. In attendance were Union Minister
GST Council increases Rates on Various Goods and Services
The GST Council’s 47th meeting was held in Chandigarh on 28th and 29th June, 2022 under the chairmanship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman has increases the GST Rate on
GST Council Meet: Exemption Limit Hiked, Composition Scheme extended to Services
The 32nd GST Council meeting held in New Delhi has doubled the exemption limit under the Goods and Services Tax ( GST ) regime. After the meeting, the Union Finance Minister addressed the press and
43rd GST Council Meeting: Key Decisions
The 43rd GST Council chaired by Finance Minister Nirmala Sitharaman made a Key decisions as follows: GST Exemption to some COVID-19 supplies till 31st August 2021A Particular Medicine for Black Fungus also exemptedGoM to be
GST Council Defers Decision on Sugar Cess: New Ministerial Panel To Review the Proposal
The 27th meeting of the GST Council today decided to defer a final decision on Sugar Cess. Earlier, there were reports that the Central Government is likely to introduce sugar cess under the Goods and Services
GST Council to meet on Sep 20: Likely to Propose Single Refund Mechanism to sanction Refund
The most powerful GST Council, in its meeting scheduled on 20th September is likely to propose a procedure to permit a single authority for sanctioning and processing GST refunds for exporters in a quick and
New GST return System to be introduced in a Phased Manner: GST Council extends Annual Return Due Date
The 35th GST Council Meeting was held at New Delhi last day under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. This was the first meeting of the Council after the
GST Council to meet on 20th, may discuss E-Invoice for Businesses above 50 Crore Threshold
The first meeting of the GST Council post- Lok Sabha polls will be on 20th June where the Government is likely to propose Rs 50 crore as the turnover threshold for entities to generate e-invoice
DRC-01B – New Functionality for liability mismatch & Important decision of 50th GST Council Meeting
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GST Council recommends Self-Certification of GSTR-9C instead of Certification by CA
The 43rd GST Council has recommended the Self-Certification of GSTR-9C instead of Certification by Chartered Accountant ( CA ). The Finance Minister Nirmala Sitharaman Said that, Annual return filing will be simplified and the GST
GST Council Meet approves 1% Tax on Affordable Houses
The 33rd Goods and Services Tax ( GST ) Council meeting in New Delhi has made some important decisions regarding the real estate sector. Reportedly, the Council has approved the lowest rate of 1% tax
GST Council proposes to Amend Rules to Resolve Pending IGST Refund Issues: E-Wallet Scheme to be Removed
The 47th GST Council meeting has decided to propose amendment in CGST Rules for the handling of pending IGST refund claims. “Present exemption of IGST on import of goods under AA/EPCG/EOU scheme to be continued