Page 6 - Gst Council Meeting

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

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