Page 6 - Gst Council Meeting

GST Council may be asked to decide on compensation to states in 45 days

States have been strongly pitching for extension of the compensation period by three years to 2024-25

Fitment panel rejects demands of GST rate cut for auto, biscuit industry

The Committee also rejected the telecom ministry's proposal to reduce GST rate for telecom services from the present 18 per cent to 12 per cent, sources said

Don't cut GST

The Council should instead focus on compliance

GST Council may cut tax on hybrid vehicles as auto sector battles slowdown

The government is examining a rate reduction for such vehicles by doing away with the cess, which will bring down the tax incidence from 43% to 28%

Govt's big push for EVs: GST Council trims rate on EVs, chargers to 5%

Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities was exempted from GST

GST rate on EVs cut from 12% to 5%; reduced rate effective from August 1

The GST Council has also approved exemption from GST on hiring of electric buses by local authorities

FM Nirmala Sitharaman busy, GST Council meet pushed back to Saturday

The meeting, which was to be held through a video conferencing, had a single agenda to boost production of electric vehicles

GST Council meeting to decide on slashing tax rate for EVs postponed

West Bengal Finance Minister Amit Mitra had on Tuesday written to Sitharaman objecting to a hurriedly called 'single agenda meeting'

Two years on, still not a good and simple tax: What ails the GST regime

Find a fix for anti-profiteering measures, filing glitches, advance ruling mechanism, say experts

GST council allows Aadhaar for registration, extends timeline for returns

GST Council decides to extend timeline to file annual returns to August 30

GST Council meet: Kerala FM Thomas Isaac may press for voting on lotteries

The Centre has one-third vote and all states combined have two-third votes in the Council

Odds may stack up against GST on lotteries at Council meet on Friday

Currently, the GST rate on lottery run by state governments stands at 12%

GST Council may fix Rs 50 cr turnover limit for e-invoice in June 20 meet

With e-invoice generation, entities with turnover above Rs 50 crore would be saved from the twin activities of filing returns and uploading invoices

Relief for 2 mn small businesses as GST exemption doubled to Rs 40 lakh

Businesses availing GST Composition Scheme to file just one annual return, pay taxes once every quarter

GST Council likely to approve amendments to tax laws on Saturday

Currently, refunds are processed and disbursed by the Centre (CGST, IGST and cess) and the state jurisdictional authorities (SGST and IGST)

GST Council meeting to consider ease of filing returns, refund processes

Narendra Modi had said earlier this week that less than 1% of all items would remain in the 28% slab

GST Council shows maturity

Choice to conduct pilot on digital payments wise

GST Council meet: MSME in focus; cashback for digitalisation on pilot basis

GST incentives for digital payments via Rupay card and BHIM app will be rolled out on a pilot basis

FM Piyush Goyal-chaired GST meet underway in Delhi; focus on MSMEs

The meeting will cater to all aspects of GST -- from simplification of policy, reducing compliance burden to technology-related issues

No GST on sanitary pads, rakhis; rates slashed on shoes, several appliances

New tax rates will be effective from July 27