GST council

FM to chair GST Council meet tomorrow; tax cut on COVID essentials, black fungus medicine on agenda

FM to chair GST Council meet tomorrow; tax cut on COVID essentials, black fungus medicine on agenda

Finance Minister Nirmala Sitharaman will on Saturday chair the meeting of the GST Council, which is expected to decide on tax relief for ...Read More

GST Council to meet on Jun 12 to discuss tax cut on COVID essentials, black fungus medicine

GST Council to meet on Jun 12 to discuss tax cut on COVID essentials, black fungus medicine

The all-powerful GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 12 to decide on GST rate cut for COVID es...Read More

Industry hails late-fee relief for GST non-filers; demands zero tax rate on med devices, health services

Industry hails late-fee relief for GST non-filers; demands zero tax rate on med devices, health services

Industry chambers on Saturday said the GST amnesty of reducing late fees for delayed monthly return filing will provide some relief to sm...Read More

Industry welcomes GST Council's decisions; says zero rating of COVID-relief items should be explored

Industry welcomes GST Council's decisions; says zero rating of COVID-relief items should be explored

India Inc. has largely welcomed the decisions taken by the GST Council on Friday to exempt COVID relief items from duty and easing compli...Read More

GST Council compliance relief focuses on smaller taxpayers

GST Council compliance relief focuses on smaller taxpayers

The 43rd meeting of the GST Council on Friday continued to extend relief to taxpayers, particularly small taxpayers, who are worst-affect...Read More

GST Council meeting: Retrospective amendment for payment of interest for delayed payment of GST to be notified

GST Council meeting: Retrospective amendment for payment of interest for delayed payment of GST to be notified

The GST Council, which is headed by the Union Finance Minister Nirmala Sitharaman and comprises representatives of all states and union t...Read More

FM Nirmala Sitharaman rejects demand for zero GST rate on COVID-19 essentials including vaccine, medicines, and equipment

FM Nirmala Sitharaman rejects demand for zero GST rate on COVID-19 essentials including vaccine, medicines, and equipment

Finance Minister Nirmala Sitharaman on Friday rejected a joint demand by the finance ministers of eight Opposition-ruled states for a zer...Read More

GST Council leaves tax rate on COVID vaccines unchanged; exempts duty on black fungus medicine

GST Council leaves tax rate on COVID vaccines unchanged; exempts duty on black fungus medicine

The GST Council on Friday left taxes on COVID-19 vaccines and medical supplies unchanged but exempted duty on import of a medicine used f...Read More

GST Council to meet today: Here is a list of things the Council will discuss

GST Council to meet today: Here is a list of things the Council will discuss

The GST Council is likely to discuss on Friday a reduction in the tax rate on COVID medicines, vaccines and medical equipment as well as ...Read More

GST Council sets up GoM on capacity based taxation, special composition schemes

GST Council sets up GoM on capacity based taxation, special composition schemes

The Goods and Service Tax Council has constituted a group of ministers (GoM) to examine the possibility of levy of GST based on capacity ...Read More

GST Council to meet on May 28; to discuss tax rates on COVID-medicines, compensation shortfall

GST Council to meet on May 28; to discuss tax rates on COVID-medicines, compensation shortfall

The GST Council will meet on May 28 and is likely to discuss tax rates on COVID-related drugs, oxygen equipment and vaccines.The meeting ...Read More

Fake invoices: GST Council's law panel suggests online registration with live photo, biometrics

Fake invoices: GST Council's law panel suggests online registration with live photo, biometrics

The GST Council's law committee, which comprises central and state tax officials, has also suggested that a fresh registrant must go for ...Read More

GST Council meet ends without reaching consensus on compensating states

GST Council meet ends without reaching consensus on compensating states

The panel, which is the highest decision-making body on indirect taxes, for the second time in a week failed to reach a consensus on the ...Read More

GST Council to discuss compensation cess today

GST Council to discuss compensation cess today

The last meeting of the Council a week back did not result in any consensus among the states as although around 20 states opted for the f...Read More

Rs 20K Cr GST cess is being released

Rs 20K Cr GST cess is being released

The Centre will disburse a compensation cess amounting to Rs 20,000 crores, which is due to state governments for this year, on Monday ni...Read More

Rs 20,000 crore collected under compensation cess to be disbursed to states tonight: Sitharaman

Rs 20,000 crore collected under compensation cess to be disbursed to states tonight: Sitharaman

Finance Minister Nirmala Sitharaman on Monday said that the Centre will tonight release Rs 20,000 crore that has been collected under the...Read More

GST Council fails to reach consensus on compensating states

GST Council fails to reach consensus on compensating states

A crucial meeting of the GST Council on Monday failed to reach a consensus on ways to compensate states as the panel was split on politic...Read More

Stormy GST Council meet likely on Monday; non-BJP states to oppose Centre's borrowing option

Stormy GST Council meet likely on Monday; non-BJP states to oppose Centre's borrowing option

While as many as 21 states, mostly ruled by BJP or parties which have supported it on issues, had till mid-September opted to borrow Rs 9...Read More

‘Who played God?’: Amit Mitra lashes out at Centre over GST proposal

‘Who played God?’: Amit Mitra lashes out at Centre over GST proposal

The Trinamool Congress (TMC) rejected the BJP-led Centre’s GST proposal at the 41st GST council meeting on Thursday which was done throu...Read More

Free Press Journal

www.freepressjournal.in