Page 7 - Gst Council Meeting

GST Council meets today; rate cuts likely for handlooms, sanitary napkins

Sanitary napkins, handlooms and handicrafts are currently taxed at 12 per cent; e-books attract 18 per cent.

GST Council defers decision on sugar cess: Key decisions & takeaways

A single monthly return filing system would come into force in six months, Finance Secretary Hasmukh Adhia said after GST Council meet

27th GST Council meet tomorrow; simplification of return form on agenda

The Union Finance Minister Arun Jaitley-chaired council, comprising state finance ministers, will meet through video conferencing

GST Council meet: 3 months to file tax; e-Way Bill from Apr 1; 10 updates

Intra-state e-Way Bill will be rolled out in phased manner with four groups of states, said Arun Jaitley

Ministerial panel to discuss return simplification ahead of GST meet

The GoM under Sushil Modi will look at finalising the simplified return filing system on February 24

E-way bill to rate cut for 29 items: Key decisions at Thursday's GST meet

GST Council slashed GST rates on 54 services and 29 items; 15 states to start intra-state e-way bill from February 1

GST Council meet: UDAN gets 3-year tax exemption for viability gap funding

A total of 128 routes connecting 70 airports were awarded in the first round of bidding under the scheme

GST Council meet: Congress to demand inclusion of petrol, real estate

New Delhi, January 17At Thursday's meeting of the GST Council, the Congress party will demand that petrol and petroleum products and real estate be brought within the ambit of the goods and services tax (GST).Thursday's GST Council meeting has an agenda running into over 320 pages, 80-pages of which were sent to state finance ministers barely 24-hours before the meeting, allowing little time for them to study the proposals, Punjab Finance Minister Manpreet Singh Badal said on Wednesday.The Congress will demand that cement, paints, varnishes, construction materials, like glaziers' putty, grafting putty, resin cements, caulking compounds and other mastics, painters' fillings, be brought under the GST ambit. These items are currently taxed at 28 per cent."Petrol and diesel prices are skyrocketing. The Modi government is profiteering at the expense of common man. To provide relief to the consumers, these should be brought under the GST," Badal said.Badal said the Congress finance ...

GST Council meet on Jan 18; discussion on real estate inclusion key agenda

Earlier in November, Finance Ministry chaired a meeting with real estate developers over GST to be levied on properties

Consensus 'intact' in GST Council despite Sushil Modi, Mitra differences

Differences pertain to past and now almost defunct empowered committee of state FMs

Few more items to come down to 18% in next meeting: Himanta Biswa Sarma

For small traders, composition limit has been hiked: Sarma

Big GST reset: Only 50 items stay in 28% slab, eating out to get cheaper

Composition scheme threshold at Rs 1.5 crore

Cement manufacturers upset with GST Council meet over 28% slab retention

GST Council has retained cement along with paints in the 28% tax bracket

Eating out set to be cheaper after biggest GST revamp: All you need to know

A uniform 5% tax was prescribed for all restaurants, both air-conditioned and non-AC

After trimming 28% bracket, here are 5 things GST Council might do today

In the first half of the meeting in Guwahati, the Council decided to trim the 28% bracket to just 50 items, against 227 currently

177 items to become cheaper as GST Council decides to trim 28% slab

Only 50 items, mostly demerit, sin and luxury goods, to remain in the highest tax bracket of 28%

GST Council may cut rates today: Restaurants, traders keep fingers crossed

Council expected to cut rates on A/C restaurants from 18% to 12%, deal with the issue of benami properties.

Bring petroleum, real estate, electricity under GST: Congress

The Council has an exhaustive agenda for the 23rd meeting; it includes bringing real estate under GST, among other things

Digital push to tax cut, here's what to expect from GST Council's key meet

Most items in the highest tax slab of 28% could be moved to lower brackets with only 62 items likely to remain in the slab.

Only luxury and 'sin' items could be left in highest slab

12 and 18 per cent slabs could be merged in the future: FinMin official