Several decisions have been taken in GST council meeting in order to promote tourism,” Nirmala Sitharaman stated at time announcing rate cuts down on hotel bills The GST Council meeting on 27th, Sept announced reduction in tax rates for the hotel industry, taking the entire sector out of the 28% tax rate slab, the highest […]
In the 35st GST Council meeting on Friday extended the tenure of the National Anti-Profiteering Authority (NAA) by two years. The Council also approved imposing a penalty of up to 10 per cent on entities not passing on benefits of GST rate cuts to consumers. Briefing to reporters after the meeting of the Council, Revenue […]
The GST Council meet relaxed the tax exemption limit to Rs 40 lakh from the earlier cap of Rs 20 lakh during its 32nd meeting on today. GST Council Meet key Updates:- A committee has been set up to consider real estate GST rates, a consensus is yet to be achieved, says FM Arun Jaitley. The […]
NEW DELHI: The staffing industry has reached out to the GST ( Goods and Services Tax ) Council to seek ITC (input tax credit) on insurance services procured for its employees. Modi, who is a member of the panel on MSME relief, said the GoM was unanimous that the exemption limit for the MSMEs which […]
GST Council can make two important decisions to bail out the sugar industry. Council Athlon can reduce the GST slab rate from 18 to 12 percent.
Arun Jaitley attends Cabinet meeting, to chair The next GST Council meeting on May 4
New Delhi, E-way bill will be a key issue in the GST council meeting on 18 January. This is because the trader businessman is still not in favor of implementing it from February 1. In this connection, there has been a meeting between the state representatives and the traders, in which there is a broad agreement […]