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No GST Payable on Penal Charges collected by Banks and NBFCs from Borrower: FM Clarifies

During the press meet of the 55th GST Council meeting, Union Finance Minister Nirmala Sitharaman clarified that penal charges collected by banks and NBFCs from borrowers will not attract Goods and...

No GST Payable on Penal Charges collected by Banks and NBFCs from Borrower: FM Clarifies
Navasree A.M

55th GST Council Extends Concessional 5% GST Rate for Inputs used in Food Preparation

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today (21st December 2024) at Jaisalmer, Rajasthan. The council decided to extend the concessional 5% GST...

55th GST Council Extends Concessional 5% GST Rate for Inputs used in Food Preparation
Yogitha S. Yogesh

Payment Aggregators processing Payments less than Rs. 2000 eligible for GST Exemption, not Applicable to Payment Gateways: FM on GST Council

The Union Finance Minister Nirmala Sitharaman chaired the 55th GST Council Meeting held at Jaisalmer, Rajasthan today (21st December, 2024). Convening the press meet that began at 6:38 P.M. IST,...

Payment Aggregators processing Payments less than Rs. 2000 eligible for GST Exemption, not Applicable to Payment Gateways: FM on GST Council
Avinash Kurungot

55th GST Council Approves Reducing Compensation Cess to 0.1% for Merchant Exporters

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today (21st December 2024) at Jaisalmer, Rajasthan. The 55th GST Council has announced a big relief for...

55th GST Council Approves Reducing Compensation Cess to 0.1% for Merchant Exporters
Kavi Priya

55th GST Council Meeting exempts IGST on IAEA Samples subjects to Specific Conditions

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today on 21-12-24 at Jaisalmer, Rajasthan. The press gathering was addressed by ADG PIB.The press conference...

55th GST Council Meeting exempts IGST on IAEA Samples subjects to Specific Conditions
Saagarika Gopinath

55th GST Council Meeting: Reduced Rate on Fortified Rice Kernels to 5%

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today ( 21st December 2024 ) at Jaisalmer, Rajasthan.The Council has suggested lowering the GST rate from the...

55th GST Council Meeting: Reduced Rate on Fortified Rice Kernels to 5%
Yogitha S. Yogesh

55th GST Council Meeting: Key Highlights

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today (21st December 2024) at Jaisalmer, Rajasthan.  The meeting was attended by Union Minister of...

55th GST Council Meeting: Key Highlights
Navasree A.M

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