Govt. constitutes Two GoM Panels to rationalize GST Rate, Reform GST System, Review IT Tools and Interface available with Tax Officers [Read Office Memorandum]
The government has tasked a group of ministers (GoM) led by Karnataka Chief Minister Basavaraj S. Bommai to propose a rationalization of tax rates and considering the merger of different tax slabs within two months
India’s GST Council having problems Figuring out Gaming Taxes
India’s GST (Goods & Services Tax) Councils practically rewrote the tax code a few months prior without actually changing anything. It decided to just translate it to the current language and, as a result, online
Consensus Reached on Constitution of GST Tribunal, Language Modifications needed on GoM recommendation: GST Council
The Goods and Service Tax (GST) Council meeting held at the Vigyan Bhavan, Delhi on Saturday, 18 February has concluded with some key decisions on the highly anticipated GST Appellate Tribunal. The Group of Minister
GoM recommends Use of AI/ML to Track Evasion at the Early Stage
The GST Council after its 47th meeting held at Chandigarh has approved most of the recommendations of the GoM formed for reporting IT reforms and decided to implement AI/ML to check fraud /evasion at the
GST Council forms 7 Member GoM to study the Revenue Trend
The GST Council in its 31st meeting held today at New Delhi has approved the proposal to form a 7 Member Group of Ministers to study the revenue trend, including analysing the reasons for structural patterns
GST Council Meet: Two GoMs formed for Tax Rate Rationalization and E-Way Bills, FASTags and Technology
The GST Council, in its 45th meeting, has decided to form two Groups of Ministers (GoMs) to study the issues on GST rate rationalization and E-way bills, FASTags and Technology, etc, The GoMs shall study
GST Council refers Certain important issues various Committees / GoM
The GST Council in its 31st meeting held today at New Delhi decided to refer the following issues to Committees / GoM indicated against them: Extending the Composition scheme to small service providers. The rate of
GST Council to meet Today, GoM nods for MSME Relief and Calamity Cess
The 32nd GST Council meeting will be held today in New Delhi to decide a hike in exemption limit for the Micro, Small and Medium Enterprises (MSMEs) and the natural calamity cess proposed by Kerala. The
GST Appellate Tribunal: Govt forms GoM headed by Haryana Deputy CM Shri Dushyant Chautala [Read Notification]
The Ministry of Finance has formed a Group of Ministers (GoM) to study the issues and implement the provisions relating to the formation of GST Appellate Tribunal under the Central Goods and Services Tax Act,
GST Rate Rationalization in Priority for Council in 2024-25
In a potential game-changing move for India's current GST regime, the government is reportedly considering a shift to a three-slab structure in the upcoming fiscal year. Sources familiar with the matter suggest that rate rationalization
Delhi Excise Liquor Policy Scam: Delhi Rouse Avenue Court extends ED Custody of Manish Sisodia
On Friday, the Delhi Rouse Avenue Court extended the custody of the former Deputy Chief Minister Manish Sisodia in connection with a money laundering case related to the national capital's excise policy of 2021-22. The
GoM Meeting on GSTN: New Return Forms, Mobile App for Tax Officials and Other Key Decisions
The tenth meeting of the Group of Ministers (GoM) headed by Bihar Minister Sushil Kumar Modi was held on Saturday to discuss the technical glitches in the GSTN portal. The major agenda of the meeting
GoM to discuss about Simplification of GST Returns Today
The Group of Ministers (GoM) headed by Bihar deputy chief minister Sushil Modi likely to discuss about simplification of return filing process under the goods and services tax ( GST ). For this, the GoM
GoM set to reconsider GST Rate Rationalisation
The Union government has reconstituted the ministerial group of the GST Council that was tasked with recommending the simplification of the complex tax structure and a rejig of its multiple rates. The group, tasked with
Sugar Cess and Incentivizing Digital Payments: GST Council forms Two Group of Ministers
Two Group of Ministers ( GoM) has been constituted by the GST Council to consider the issues relating to implementation of Sugar Cess and Incentivizing digital payments in the GST regime. This is in terms