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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
Read MoreSteel Scrap Industry Asks Govt To Rationalise GST Structure
The Induction Furnace sector contributes nearly 35 per cent to the total steel production in India
Read MoreUnion 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
Read MoreGST 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
Read MoreGST 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
Read MorePenal 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
Read MoreFestive 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
Read MoreA 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.
Read MoreGST 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
Read MoreRoll 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
Read MoreCBIC 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
Read MoreGST 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
Read MoreInclusion 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
Read MoreGST 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
Read MoreGST 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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