Page 21 - Gst Council

GST compensation: Oppn-ruled states claim Rs 55,000-cr underestimation

They have also sought an additional compensation of Rs 65,000 crore for FY21

More misses than hits

GST Council should have addressed pressing issues

All eyes on GoM call on taxing Covid items

Under the GST laws, hundreds of mass consumption items and essential services are exempted fully or attract a lower rate of tax than the standard rate of 18%

GST Council meet: Decision on tax cuts on Covid-19 vaccines by June 8

The issue of GST rates on vaccines and other Covid-related supplies will be reviewed by a Group of Ministers (GoM).

GST Council meet: Govt to borrow Rs 1.58 trn for compensation shortfall

States' demand for the extension of the compensation period beyond June 2022 will be taken up in a separate meeting

GST: Centre to borrow Rs 1.58 trn in FY22 to compensate states, says FM

Nirmala Sitharaman announces a flurry of pandemic-related relief measures after the 43rd GST Council meeting

GST Council meet begins, tax rate cut on Covid essentials on agenda

Compensation of states is also on the agenda

Amid Covid second wave, 43rd GST Council meet begins via video conference

The 43rd meeting of the GST Council, the first this year in the midst of the second wave of Covid pandemic, begun on Friday morning through video conferencing

Rate changes to e-invoicing: 5 things to know about GST council meet today

Meeting is likely to exempt government departments and local authorities from e-invoicing.

Top headlines: GST council meets today; Gates foundation set for change

Changes expected at GST council meeting to Tata Steel's market capitalisation. Top news this morning.

GST Council likely to exempt govt depts, local authorities from e-invoicing

The Council is meeting today to discuss issues such as rates on Covid-related supplies

Footwear, readymade garments likely to attract higher rates of GST

The fitment committee, which recommends rate changes to the Council, has proposed increasing the rate on footwear (less than Rs 1,000), readymade garments, and fabrics to 12% from 5% now

GST panel rejects demand for tax waiver on Covid-19 vax, ventilator

GST fitment panel has recommended a short-term rate cut on four Covid-19 related items

Punjab FM writes to Sitharaman, says agenda for GST Council meeting mundane

Ahead of the GST Council meeting, Congress leader and Punjab Finance Minister Manpreet Badal has written to Finance Minister Nirmala Sitharaman

GST Council meet on Friday; pvt fintech firms set to enter e-invoicing zone

GST Council may green-light entry given disappointing progress

Centre, states stare at Rs 2-trillion GST cess gap amid Covid-19

The GST compensation of states is expected to widen to Rs 2.5-3 trillion in FY22 as against the cess collection of Rs 1 trillion estimated in the Budget

Rationalise rates

GST Council must address the shortfall in collection

GST Council may decide on easing levy on imported oxygen concentrators

The Delhi HC last week said that imposition of 12% IGST on oxygen concentrators for personal use or those received as gifts is 'unconstitutional'

GST Council to meet on May 28, compensation shortfall on agenda

As Covid second wave ravages the country, several states had urged Sitharaman to convene a GST Council meeting at the earliest

Constitutional violation to not call GST Council meet, says Amit Mitra

Amit Mitra urged Nirmala Sitharaman to convene a GST Council meeting at the earliest