"In this 48th GST Council Meeting, there hasn't been any tax increase on any item. No new taxation has been brought in. Everything that has been done is to issue clarifications where ambiguity of interpretations prevailed, "Sitharaman said at the conclusion of the meeting.
Union Finance Minister Nirmala Sitharaman, who is the chairperson of the GST Council, said as many as 15 items were on agenda during today's GST Council meeting, of which eight were completed, and the remaining are to be carried forward to the next council meet.
Upon a query on whether the government proposes to reduce GST slabs on aforesaid items, the Minister of State for Finance had said the GST rates and exemption were prescribed by the government, based only on the recommendations of GST Council, which is a constitutional body comprising member
The Group of Minister's (GoM) report on setting up appellate tribunals to hear disputes, and decriminalisation of GST law will be the key agenda of the 48th GST Council Meeting, sources told ANI. The 48th GST Council meeting is scheduled to be held on December 17 through video conferencing.
New Delhi [India], October 21 (ANI):The GST Implementation Committee of GST Council has approved the extension of the due date of filing GSTR-3B return for the month of September 2022, for the monthly filers, from 20th October, 2022 to 21st October 2022, the Central Board of Indirect Tax and
New Delhi [India], September 7 (ANI): Clarifying some of his comments made recently to the media, industrialist Nadir Godrej said that there were instances like the GST council where the government undertook "excellent initiatives" that gave voice to diverse voices.
New Delhi [India], July 19 (ANI): The decision to impose 5 per cent goods and services tax (GST) on specified pre-packaged food items is based on the recommendation of the GST council, which has representation from both the Centre and the states, the government sources said.
Bengaluru (Karnataka) [India], July 19 (ANI): Taking a dig at the Central government for the latest round of Goods and Services Tax hikes on various essential food items, former Karnataka Chief Minister and current Leader of Opposition Siddaramaiah said the government instead of helping peop
New Delhi [India], July 18 (ANI): The recommendations on Goods and Services Tax rates that were made during the 47th GST Council meeting held in June come into effect today.
New Delhi [India], July 18 (ANI): Communist Party of India (Marxist) floor leader in Rajya Sabha, Elamaram Kareem on Monday gave notice under rule 267 to suspend business and discuss the issue of price rise and imposition of 5 per cent GST on essential items.
New Delhi [India], July 18 (ANI): Consumers will now have to shell out more for rice, wheat and flour, among other items, if branded and packed in a unit container from Monday as the revised Goods and Services Tax comes into effect.