GST Council cuts tax rate on domestic LPG by private companies to 5% from 18% earlier.
7:48 PM
GST Council cuts cess on vehicles for ambulance to 0% from 15% earlier.
7:47 PM
GST Council cuts tax rate on mining, drilling of natural gas to 12%
7:46 PM
GST Council cuts tax rate on velvet fabric to 5% from 12% earlier.
7:46 PM
GST Council cuts tax rate on drip irrigation system, mechanical sprayer to 12% from 18%.
7:44 PM
Council cuts GST on mehendi cones to 5% from 18% earlier
7:43 PM
GST Council cuts rates on sugar boiled confectionery to 12% from 18% earlier.
7:39 PM
GST Council cuts tax rate on bio-diesel to 12% from 18% earlier.
7:38 PM
GST Council cuts tax rate on drinking water packed In 20 litres bottles to 12% from 18%.
7:37 PM
Rice Bran will now attract 0% tax from 5% earlier.
7:35 PM
Motor vehicle will now attract 18% tax from earlier 28%
7:24 PM
Jaitley said discussion on including real estate and petroleum under GST not taken up today; likely to be discussed in the next meet
7:21 PM
Large amount of credit line in IGST was also discussed. GST Panel also decided to divide Rs 350 billion (Rs 35,000 crore) IGST collections between centre, states: FM Arun Jaitley after the 25 th GST Council meet.
7:20 PM
Sushil Kumar Modi says inter-state e-way bills have to be filed from February 1, penalty if not
7:17 PM
Jaitley said direct tax collections ahead of target, grew by 18.7%
7:07 PM
GST Council announced rate revisions for 29 goods and 53 services. The changes will be effective from January 25.
7:06 PM
Out of the 17,00,000 dealers that have registered for the composition scheme, only Rs 3 billion was collected, says Jaitley
7:05 PM
Jaitley said: "The composition was discussed and the collections in regard to the scheme was a matter of concern."
6:58 PM
15 states ready to implement intra-state e-way bill from February 1, says FM Arun Jaitley
6:57 PM
Arun Jaitley: GST Council took up simplication of return filing process
6:55 PM
You can watch Arun Jaitley speak live here
6:54 PM
Arun Jaitley says, "3B Returns filing may continue and suppliers may contine to load invoices."
6:52 PM
Finance Minister Arun Jaitley is now addressing the media
6:49 PM
GST Council meeting ends.
6:49 PM
RS 350 billion (Rs 35,000 cr) of IGST will go equally to centre & states, says Jammu & Kashmir FM
6:46 PM
Some of the goods and services will be moved from the 27% bracket to 18%.
6:39 PM
Rates of 49 items rationalised
6:38 PM
GST Council to meet in 10 days via video conferencing