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# gst council

14 posts in `gst council` tag

GST Amnesty Scheme Relief 52nd GST Council Meeting

The GST Council introduced an amnesty program on Saturday, permitting taxpayers to challenge demand orders issued by tax inspectors until January 31, 2024, for orders issued up to March 2023.

GST Council Removes Tax Barriers Indian Rupee Trade

In an effort to boost India's exports, the GST Council has introduced measures to support foreign trade. One such measure involves providing tax credits to service exporters who receive payments in Indian rupees.

Highlights 52nd GST Council Meeting

The 52nd GST Council Meeting Happened Today, Chaired by Finance Minister Nirmala Sitharaman at Sushma Swaraj Bhawan in New Delhi. The Finance Minister Announced the Decisions After the Meeting.

Upcoming GST Council Meeting October 7 Key Agenda

The upcoming GST Council meeting is scheduled to take place at New Delhi's Vigyan Bhawan this week, although the specific topics on the agenda have not been revealed yet.

GST and Online Gaming: Rajeev Chandrasekhar to Advocate Reconsideration of 28% Tax with GST Council

We are in the starting phase of establishing a viable and permissible online gaming framework. Once this framework is developed, we will approach the GST Council and seek their reconsideration based on the new regulatory guidelines.

New GST Registration Rules Proposed by GST Council to Tackle GST Frauds

GST Council is continually working to check GST fraud and that’s the reason new GST registration rules are proposed by the GST authorities during the 50th GST Meeting.

GST Council Mandates E-invoicing for Registered Persons: Threshold for Supplies to Govt. Departments

The purpose of generating e-invoices for supplies to government departments is specifically for Tax Deduction at Source (TDS). In the Goods and Services Tax (GST) system, the generation of e-invoices holds significant importance for compliance among certain businesses.

FM Announces 28% Tax on Online Gaming Firms: Highlights from 50th GST Council Meeting

The Council's first gathering since February got off to a rocky start. The recent move by the Union government to include the GST Network in the scope of the Prevention of Money Laundering Act (PMLA), which is overseen by the Enforcement Directorate (ED), was challenged by representatives of States not governed by the BJP.

50th GST Council Meeting Highlights: Key Updates from July 11, 2023

On July 11, 2023, the 50th meeting of the GST Council took place at Vigyan Bhawan, New Delhi. This milestone marks the completion of 50 Council meetings since the introduction of GST.

GST Council Considers Physical Verification for High-Risk Category Cases: What to Expect

In the upcoming council meeting on July 11th, a new provision is expected to be introduced. This provision will require mandatory physical verification of the business premises for applicants considered to be at high risk before granting them GST registration.

GST Council Expected to Give Approval to Tribunal Blueprint

During the GST Council meeting, the final operational plan for the tribunal is expected to be presented for approval.

FADA Urges GST Council to Reduce GST Rates on Two Wheelers to 18% From 28%

The Federation of Automobile Dealers Associations (FADA) has made an appeal to the GST Council, urging a decline in the GST rate on two-wheelers. FADA is urging for an immediate reduction of the GST rates from the existing 28% to 18%.

Analysis of New Disclosures in GSTR-3B

The 47th meeting of the GST council was held on 28th, and 29th June 2022. The GST council advised clarifying the furnishing of correct and relevant information on supplies of inter-state and the amount of blocked input tax credit as well as inverted thereof in form GSTR-3B.

Recommendations of the 42nd GST Council Meeting

The 42nd GST council meeting was held on 5th October 2020 as well as on 12th October 2020. The meetings were chaired by Finance Minister.