Sitharaman said the entire pending balance of the GST compensation cess -- a total of Rs 16,982 crore -- will be cleared and "although this amount is not available with the compensation fund as of today, we have decided to release from our own resources and the same amount will be recoupe
nion Finance Minister Nirmala Sitharaman on Saturday chaired the 49th meeting of the Goods and Services Tax (GST) Council, in Vigyan Bhawan, New Delhi.
The GST Council, chaired by Union Finance Minister Nirmala Sitharaman, will meet on February 18. The 49th GST Council meeting is likely to take up issues relating to taxation on 'pan masala' and 'gutka' companies, setting up of appellate tribunals, and GST levy on online gaming, casino, and
"In this 48th GST Council Meeting, there hasn't been any tax increase on any item. No new taxation has been brought in. Everything that has been done is to issue clarifications where ambiguity of interpretations prevailed, "Sitharaman said at the conclusion of the meeting.
Union Finance Minister Nirmala Sitharaman, who is the chairperson of the GST Council, said as many as 15 items were on agenda during today's GST Council meeting, of which eight were completed, and the remaining are to be carried forward to the next council meet.
Upon a query on whether the government proposes to reduce GST slabs on aforesaid items, the Minister of State for Finance had said the GST rates and exemption were prescribed by the government, based only on the recommendations of GST Council, which is a constitutional body comprising member
The Group of Minister's (GoM) report on setting up appellate tribunals to hear disputes, and decriminalisation of GST law will be the key agenda of the 48th GST Council Meeting, sources told ANI. The 48th GST Council meeting is scheduled to be held on December 17 through video conferencing.
New Delhi [India], October 21 (ANI):The GST Implementation Committee of GST Council has approved the extension of the due date of filing GSTR-3B return for the month of September 2022, for the monthly filers, from 20th October, 2022 to 21st October 2022, the Central Board of Indirect Tax and