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GST Council recommends Retrospective Amendment to CGST Rule 28(2) on Corporate Guarantee Services: Know Retrospective Date
The Union Finance Minister Nirmala Sitaraman presided over the 53rd meeting of the GST Council on 22nd June 2024) at New Delhi with Revenue...
GST Council Recommends to Issue Clarifications on Certain Issues to Trade and Tax Officers: Here's the List of Areas Included
The 53rd GST (Goods and Services Tax) council has recommended to issue clarifications on certain issues to trade and tax officers and to reduce the litigation. Finance Minister Nirmala Sitharaman...
GST Council: Max amount for Filing of Appeal shall be Reduced from Rs 25 crore to Rs 20 crore, says FM
In the 53rd GST council meeting, the FM said that the maximum amount for filing the appeal shall be reduced from Rs 25 crore to Rs 20 crore CGST pre-deposit to file the appeal before the appellate...
GST Council Proposes to Waive Interest and Penalty for Demand Notices u/s 73 Cases: Know Final Demand Payment Date
The GST council has recommended the waiver of interest and penalty for demand notices issued under Section 73 of GST Act. This was a much awaited decision by the council which is also taxpayer...
