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Latest Articles in gst council
Will Request GST Council For Reconsideration Of New Gaming Tax: Rajeev Chandrasekhar
According to a Deloitte assessment, the sector anticipates a considerable drop in tax income during the anticipated first five years if the tax obligation is raised from 18 percent on GGR to 28 percent on CEA
Read MoreReal Money Faces Real Threat: GST Council Puts 28% Tax On Online Gaming
Many have went on and described this decision as a 'self-goal' that will 'kill the industry'.
Read More50th GST Council Meet To Be Held Today; Taxation On Online Gaming May Be Taken Up
Besides online gaming, the Council is also expected to discuss and finalise the constitution of a GST Tribunal and its benches
Read MoreGST Council Considers New Rule Addition In Goods And Service Tax Law
The change in the rule is opined by the Law Committee, comprising tax officers from the Centre and states
Read MoreCentre All Set To Notify Rules For Setting GST Tribunal
The GST authorities are also trying to increase the taxpayer base and engage in greater data triangulation with the corporate taxpayers database in the income tax system
Read MoreOdisha Again Requests GST Council To Withdraw Tax On Tendu Leaves, CM Writes To Sitharaman
The request from Odisha CM comes a fortnight ahead of the GST Council meeting, to be held on 11 July in the national capital.
Read MoreApprove Changes In GST Laws By October, Centre Tells States
It may be recalled that the parliament had given its nod to the changes in the GST law in March
Read MoreGST Council To Hold 50th Meeting On 11 July
The 49th meeting of the council was held on 18 February 2023
Read MoreFM Sitharaman Chairs 49th Meeting Of GST Council
The Union Finance Minister, Union Minister of State for Finance Pankaj Chaudhary, besides the finance ministers of states and Union Territories (with legislature) and senior officers from the Union government and states, attended the meeting
Read MoreSteel Scrap Industry Asks Govt To Rationalise GST Structure
The Induction Furnace sector contributes nearly 35 per cent to the total steel production in India
Read MoreUnion Budget 2023-24: Revamp GST Dispute Resolution Mechanism, Suggest WTC Mumbai
WTC Mumbai says that to have a uniform and consistent application of GST throughout India, the government should set up an independent national GST secretariat
Read MoreGST Council To Take Up Decriminalisation Of GST Law
The council may mull raising the threshold limits for multiple offences and will also take up reports of a group of ministers (GoM) on online gaming and appellate tribunals for discussion
Read MoreGST Panel Likely To Levy 28% Tax On Online Gaming
A KPMG report evaluated that the online gaming sector will increase to Rs 29,000 crore by 2024-25. It earned Rs 13,600 crore in 2021
Read MorePenal Offences Covered Under IPC Maybe Removed From GST Law: Report
The proposal, is expected to be considered in the next meeting of the GST Council, making it part of the exercise to decriminalise GST law
Read MoreFestive Season To Have Positive Impact On Centre's GST Collections: Experts
The hike in GST collection indicates a strong revival of consumption demand, which is also reflected in the growing number of transactions processed through UPI and increased issuance of credit cards, experts noted
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