The GST Council in the 34th meeting held on 19th March 2019 at New Delhi discussed the operational details for implementation of the recommendations made by the council in its 33rd meeting for lower effective GST...
The GST Council meeting through video conference today approved the norms for relief to the realty firms allowed the builders to choose between two different tax rates in case of incomplete residential projects. The new...
In a major relief to the realty firms, the 34th GST Council Meeting will meet today by Video Conferencing to frame realty rules. The meeting had been approved by the Election Commission. As the date for...
The GST Council meeting scheduled to 19th March, Tuesday to form realty rules gets approval from the Election Commission. As the date for Lok Sabha elections has been declared, there were reports that the meeting...
In order to give more clarity on the reliefs granted to the realty sector, the GST Council’s next meeting will be held on 19th March through video conference. The meeting is expected to finalize the...
The Central Government, on Thursday notified the increase in GST threshold limit in a relief for small traders. The increased threshold limit will be applicable from 1st April 2019. Further, the effective date for availing...
Real estate sector is one of the largest contributors to the national GDP and provides employment opportunity to large numbers of people. “Housing for All by 2022” envisions that every citizen would have a house...
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...
The Central Government today extended the due date for filing return GSTR-3B for two days. The GST Council meeting held through video conference today has recommended the same to give relief to the taxpayers. According...
The Goods and Services Tax (GST) reforms has resulted in increased tax base, higher collections and ease of trade. While presenting the Interim Budget 2019-20 in Parliament today, the Union Minister for Finance, Corporate Affairs,...
The Council of Ministers approved the amendment to the Goa Goods and Services Tax Bill 2019 in order to streamline the existing GST regime. The Bill is expected to be introduced in the assembly in...
In pursuance of decision in the 32nd Meeting of GST Council held on 10th January 2019 at New Delhi, a Group of Ministers (GoM) on issues relating to lottery has been constituted. The ‘GoM for Lottery’ shall...
A Group of Minister (GoM) has been constituted under the chairmanship of Bihar Finance Minister Sushil Kumar Modi to analyze the revenue shortfall in States under the new Goods and Services Tax (GST) regime. In its...
Shri Shiv Pratap Shukla, Minister of State for Finance in a written reply to a question in Lok Sabha last day said that the GST Council has met 31 times so far. Till the 30th GST...
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...
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...
The GST Council in its 31st meeting held today at New Delhi gave in principle approval to the following amendments in the GST Acts: Creation of a Centralised Appellate Authority for Advance Ruling (AAAR) to deal...
GST Council is expected to convene its 31st meeting on 22nd December, 2018 and is likely to deliberate over the following range of issues: 1. Tax rate rationalization: The council is considering reducing rates on...
The Authority of Advance Ruling ( AAR ), Kerala has ruled that, The supply of medicines, consumables and implants used in the course of providing health care services to in-patients for diagnosis or treatment are...
The Central Government has announced that the new and simplified Goods and Services Tax ( GST ) will be launched from 1st April 2019. The GST Council, with a view to easing the return filing...
The Bihar State Assembly has passed Bihar Goods and Services Tax ( GST ) Amendment Bill, 2018 with voice vote. Due to ruckus, the Assembly could not transact any business in both the sessions except...
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