Union Finance Minister Nirmala Sitharaman will chair the meeting. File. | Photo Credit: PTI The 48th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, will be held on December 17. “The 48th Meeting of the GST Council will be held on 17th December, 2022 by video conference,” the GST Council said […]
Continue ReadingFile photo used for representational purpose only. | Photo Credit: Getty Images/iStockphoto “All Goods & Services Tax (GST) anti-profiteering complaints would be dealt with by the Competition Commission of India (CCI) from December 1 as the extended tenure of National Anti-profiteering Authority (NAA) ends this month,” an official said on November 15. “A notification in […]
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Food items sold loose not to attract GST, clarifies Finance Minister Nirmala Sitharaman Food items sold loose not to attract GST, clarifies Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman on July 19 clarified the GST Council has exempted from Goods and Service Tax (GST), all food items including wheat, pulses, rice, maize, when sold […]
Continue ReadingNirmala Sitharaman and her State counterparts, had pruned the exemption list and imposed tax on a host of goods and services Nirmala Sitharaman and her State counterparts, had pruned the exemption list and imposed tax on a host of goods and services Customers will have to pay 5% GST on pre-packed, labelled food items like […]
Continue ReadingOfficials of cooperatives say that the prices of milk by-products will be increased if GST is raised on dairy machinery and milk machines Officials of cooperatives say that the prices of milk by-products will be increased if GST is raised on dairy machinery and milk machines The decision of the GST Council in its 47th […]
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From July 18, tax hikes will kick in for over two dozen goods and services, ranging from unbranded food items, curd and butter milk to low-cost hotels, cheques and maps, the Goods and Services Tax (GST) Council decided after a marathon two-day meet that concluded on Wednesday. At the same time, tax rates will be […]
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A two-day meeting of the panel considered a report of the GoM but deferred a decision as Goa and some others wanted to make more submissions A two-day meeting of the panel considered a report of the GoM but deferred a decision as Goa and some others wanted to make more submissions The GST Council […]
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States should get direct taxation powers, extension of revenue guarantee, says Praveen Chakravarty, Chairman of the Congress Data Analytics Department States should get direct taxation powers, extension of revenue guarantee, says Praveen Chakravarty, Chairman of the Congress Data Analytics Department The GST Council is meeting in Chandigarh on Tuesday and Wednesday even as the tax […]
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The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 28 and 29 in Srinagar. “The 47th meeting of the GST Council will be held on June 28-29, 2022 (Tuesday & Wednesday) in Srinagar,” the Finance Minister’s office tweeted. This is the second time that the GST Council meeting is being held […]
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PM Modi to fly to Japan for Quad summit next week Prime Minister Narendra Modi will travel to Tokyo for his second in-person Quad summit on Tuesday, where he will also hold bilateral talks with U.S. President Joseph Biden, Japanese Prime Minister Fumio Kishida and Australian Prime Minister Scott Morrison, the Ministry of External Affairs […]
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