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Latest Articles in gst council

FM Sitharaman Chairs 49th Meeting Of GST Council

The Union Finance Minister, Union Minister of State for Finance Pankaj Chaudhary, besides the finance ministers of states and Union Territories (with legislature) and senior officers from the Union government and states, attended the meeting

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Steel Scrap Industry Asks Govt To Rationalise GST Structure

The Induction Furnace sector contributes nearly 35 per cent to the total steel production in India

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Union Budget 2023-24: Revamp GST Dispute Resolution Mechanism, Suggest WTC Mumbai

WTC Mumbai says that to have a uniform and consistent application of GST throughout India, the government should set up an independent national GST secretariat

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GST Council To Take Up Decriminalisation Of GST Law

The council may mull raising the threshold limits for multiple offences and will also take up reports of a group of ministers (GoM) on online gaming and appellate tribunals for discussion

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GST Panel Likely To Levy 28% Tax On Online Gaming

A KPMG report evaluated that the online gaming sector will increase to Rs 29,000 crore by 2024-25. It earned Rs 13,600 crore in 2021

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Penal Offences Covered Under IPC Maybe Removed From GST Law: Report

The proposal, is expected to be considered in the next meeting of the GST Council, making it part of the exercise to decriminalise GST law

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Festive Season To Have Positive Impact On Centre's GST Collections: Experts

The hike in GST collection indicates a strong revival of consumption demand, which is also reflected in the growing number of transactions processed through UPI and increased issuance of credit cards, experts noted

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A Non-Merit Subsidy Regime Hurts State Finances

The elected representatives are the trustees and not owners who can spend funds in a way that benefits them.

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GST Council Has Not Imposed Any New Levy On Essential Items Consumed By Poor: FM

The minister, replying to a short-duration discussion on price rise in the Rajya Sabha, also said GST has not increased the burden on families

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Roll Back GST Hikes: CPI(M) To Centre

The latest GST hikes on all essential commodities such as pre-packaged rice, wheat and milk, and said this has brought ''unprecedented burdens

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CBIC Issues Clarification On GST On Pre-packaged Items From Monday

The CBIC said the supply of pre-packed atta meant for retail sale to ultimate consumer of 25 Kg shall be liable to GST

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GST On Pre-packed Items: A Curse For Indian Middle Class

Headed by Union Finance Minister Nirmala Sitharaman, the panel consists of representatives of all states and union territories

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Inclusion Of Pre-packed And Labelled Foodgrain Will Damage Small Business: CAIT

This decision of the government will not only increase the burden of compliance and its cost to the traders but on the other hand, the basic goods of necessity will also become expensive

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GST Council's Decision To Help Small E-commerce Sellers: Nasscom

The GST Council has decided to ease the process for intra-state supplies made through e-commerce portals

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GST Council Withdraws Exemption On Host Of Household Items

The report is expected to be ready by july 15 and would be taken up by the council in its next meeting in August

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