Search Results for Tag : GST Council

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42nd GST Council Meeting recommends eight major changes(05.10.2020)

The 42nd GST Council met on 5th October, 2020 under the Chairmanship of Union Finance & Corporate Affairs Minister. The meeting was also attended by U.....

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GST Council recommends several measures for streamlining compliances in GST(11.07.2023)

The 50th meeting of the Goods and Services Tax (GST) Council was held, under the chairpersonship of the Union Finance and Corporate Affairs Minister.G.....

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News

GST Council Exempts Advocates, Senior Advocates From GST Registration(13.06.2017)

GST Council has decided to exempt Advocates, including Senior Advocates from obtaining CGST Registration under section 23(2) of Central Goods and Serv.....

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#GST: Council Freezes Rates For About 1,200 Items, 12-18% GST Rate For Most Products(19.05.2017)

GST Council has approved rates for 1,211 item, rates of leftover six categories are yet to be finalized. Most FMCG items to become cheaper, Small cars.....

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47th GST Council Meeting Update(30.06.2022)

GST Council waives GST registration requirements for small online sellers. GST late fee waived for delay in filing of GSTR-04 and CMP-08. GST Counci.....

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47th GST Council Meeting Update(30.06.2022)

GST Council proposes that comprehensive changes in FORM GSTR-3B to be placed in public domain. GST Council constitutes GoM in relation to constitutio.....

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52nd GST Council recommends changes in GST tax rates and measures for facilitation of trade(07.10.2023)

The 52nd GST Council met under the Chairpersonship of Union Minister for Finance and Corporate Affairs. Foreign going vessels are liable to pay 5% IGS.....

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#OneNationOneTax: Consensus Builds in Srinagar Meet on July 1 GST Rollout(19.05.2017)

GST Council has decided tax rates for 1211 items of goods and services, of which 7% will be exempted, 14% will fall in the 5% slab, 17% in the 12% sla.....

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Gujarat High Court Issues Notice to Centre, GST Council, CBIC(03.10.2019)

Gujarat High Court has issued notices to the Centre, the Goods and Services Tax (GST) Council and the Central Board of Indirect Taxes and Customs (CBI.....

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GST 'Rates, Rules Marathon' Ends, Sprint Begins for July 1 Roll Out of 'One Nation One Tax' Regime(05.06.2017)

Goods and Services Tax (GST) Council has decided to impose GST tax rate of 3% on Gold, Silver and processed Diamonds.

Tags : GST Council, Gold, Silver, Processed Diamonds

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GST Council Signs Off on GST Model Law(23.12.2016)

Centre and States has cleared Model GST Law in 7th GST Council Meeting chaired by Finance Minister Arun Jaitley.

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47th GST Council Meeting Update(30.06.2022)

GST Council exempts pandemic period from calculating limitation period for refund claims. GST Council exempts small taxpayers from filing GSTR-9 and .....

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Supreme Court: Recommendations of GST Council Not Absolutely Binding on Central & State(19.05.2022)

Supreme Court held that the Parliament intended that the recommendations of the GST Council will have persuasive value. Importantly, the Court held th.....

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Recommendations of 50th GST Council Meeting(12.07.2023)

• Taxing Casino, Horse Racing, and Online gaming at the uniform rate of 28% on full face value • Notification of GST Appellate Tribunal by the Centre.....

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Govt Tightens Noose For July 1 GST Roll Out, Revises Rates For 66 Items, Eases Bizz Rules(12.06.2017)

Government has decided to lower rates on 66 goods and services, from pickles and cheaper cinema tickets to insulin and instant food mixes and also eas.....

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SC to Centre & GST Council: Advise States to Implement Digital DIN System(03.08.2022)

Supreme Court has directed GST Council to issue advisory/instructions/recommendations to the respective States regarding implementation of the system .....

Tags : Supreme Court, GST Council, Document Identification

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Gujarat HC Rejects Plea Alleging Violation of Election Code of Conduct by GST Council(22.11.2017)

Gujarat High Court has dismissed a PIL which sought that the decisions taken by the GST council at its Guwahati meeting be declared null and void on t.....

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#OneNationOneTax: GST Council Paves Way for Lower Burden on Average Household(19.05.2017)

Tax Free Items: Milk, Jaggery, Cereals, Fruit & Vegetables, Pulses. Rate of 5%: Coffee, Tea, Sugar, Edible Oil, Coal, Indian Sweets. Rate of 18%: Ch.....

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GST Council Sets Stage For July 1 Roll Out, Seals Tax Rates of Final Six Items(05.06.2017)

GST Council in its 15th meeting held at New Delhi has fixed rates of gold, apparels, footwear, biscuits etc. As a corollary, 5% tax will be imposed on.....

Tags : GST Council, gold, apparels, footware, biscuits

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#GST: Council Finalizes GST Rates For 1,211 Items, Items of Daily Use to Attract Lower Tax Rate(19.05.2017)

GST Council has finalized tax rates for over 1,200 items, wherein a consensus was drawn to exempt or lower taxes on several items of daily use.

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Notifications & Circulars

Decisions taken by the GST Council in the 34 the meeting held on 19th March, 2019 regarding GST rate on real estate sector(19.03.2019)

GST Council in the 34th meeting held on 19th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made.....

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GST: Input Tax Credit Limit on Existing Stocks Raised to Support Transition Period Sales(05.06.2017)

GST Council has decided to increase limit on input tax credit to 60% from earlier proposed 40% on items with excise rates above 18%, bringing some res.....

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Recommendations of States in GST council(25.06.2019)

The 35th Meeting of the Goods and Services Tax (GST) Council was held on 21.06.2019 in New Delhi.

All matters relating to Centre and the Sta.....

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Cabinet Approves Setting Up of GST Council(12.09.2016)

Cabinet has approved setting up of the GST Council, which will decide on the rate of tax under the new Goods and Services Tax (GST) regime, likely to .....

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