GST Council likely to reject CCI plea for exemption of indirect tax

Fitment committee recommends rejecting MoSPI request for a waiver

A request from statutory bodies like the Competition Commission of India (CCI) and the International Financial Services Centers Authority (IFSCA) for exemption of indirect tax on the services they provide is likely to be rejected at the upcoming meeting of the Goods and Services Tax (GST) Council.
 
The fitment committee, a panel of officers of the Centre and the states, has recommended against granting the request ahead of the Council meeting in Lucknow on Friday.
 
Similarly, the panel has also recommended rejecting a request by the Ministry of Statistics and Programme Implementation (MoSPI) for a GST waiver for