Aam Aadmi Party leader and Delhi Minister Atishi on Monday said that if GST is implemented on research grants that institutes recieve then the Delhi government and the Punjab government will strongly oppose it during the 54th meeting of the GST Council.
Delhi Minister Atishi on Sunday said that the central government would table a proposal to tax any online payments below Rs 2,000 done through payment gateways at 18 per cent, at the GST Council meeting scheduled for Monday.
The 54th Meeting of the Goods and Services Tax Council or GST Council, will be held on 9th September, 2024 in New Delhi, the GST Council said in a post on social media platform "X" on Tuesday.
Union Finance Minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, along with other stakeholders, will table their requests during the meeting.
The GST council is likely to consider an amendment to the Goods and services tax Act to quash retrospective tax demands. The proposal was suggested by law committee, to address tax notices, where lower taxes were paid due to interpretation issues or lack of clarity in the law.
The state cabinet's decision is in line with the last GST Council meeting, wherein it had decided to impose a 28 per cent tax on online gaming, casinos, and horse racing.
The GST Council also took a decision to recommend an extension in the last date for filing an appeal by industry against a GST order to January 31, 2024.
The Law Committee will examine suitable amendments in the law to exclude ENA for use in the manufacture of alcoholic liquors for human consumption from the ambit of GST.
Ahead of the 52nd Goods and Services Tax (GST) Council meeting on Saturday, Delhi Finance Minister Atishi criticised the Centre over the imposition of 28 per cent tax on online gaming industry, adding that the Coucil should consider withdrawing the tax evasion notices on companies in the
Union Finance Minister Nirmala Sitharaman with preside over the 52nd Goods and Services Tax (GST) Council meeting at the Sushma Swaraj Bhawan in New Delhi on Saturday.
Union Finance Minister Nirmala Sitharaman said on Wednesday that the 51st GST Council meeting 28 per cent GST on online gaming and casinos is expected to be implemented from October 1.