Non-filers of monthly GST return to be barred from filing GSTR-1 from January 1, 2022
These moves would help prevent revenue leakage due to evasion of Goods and Services Tax (GST).
Sep 18, 2021, 19:04 PM IST
Kya sasta, kya mehnga? Check list of goods and services whose GST rates have been updated
GST council chaired by Finance Minister Nirmala Sitharaman on Friday approved several proposals put forward by the Fitment Committee.
Sep 18, 2021, 09:44 AM IST
GST Council Meeting: COVID-medicines GST-free till 31st December, petrol-diesel not in GST
Many important decisions were taken in the meeting of the GST Council held in Delhi on Friday. After the meeting, the government announced to make many costly life-saving medicines GST free. At the same time, there was no consensus in the meeting on the issue of making petrol and diesel GST-free. Union Finance Minister Nirmala Sitharaman held a press conference after the GST Council meeting.
Sep 17, 2021, 21:26 PM IST
Concessional GST rates on COVID-related drugs extended till December 31, says Nirmala Sitharaman
The meeting held in Lucknow, Uttar Pradesh was the 45th meeting of the GST council and the first in-person one in nearly two years.
Sep 17, 2021, 20:16 PM IST
GST Council meeting today: Petrol to sell at Rs 75 per litre? Food delivery to get expensive? Here’s what you can expect
If the proposal gets the nod from the GST Council, then petrol is expected to sell at just Rs 75 per litre while diesel will retail at about Rs 68 per litre, according to estimates of SBI economists.
Sep 17, 2021, 10:25 AM IST
India administered over 2 crore COVID-19 vaccine doses today, says Health Ministry
In a massive vaccination drive organized on PM Modi's 71 st birthday, India administered over 2 crore COVID-19 vaccine doses.
Sep 17, 2021, 10:05 AM IST
45th GST Council meeting: Concessions on COVID drugs, GST on petrol, food delivery to be discussed tomorrow
The Goods and Service Tax (GST) Council is meeting on Friday in Lucknow, Uttar Pradesh. The council chaired by Finance Minister Nirmala Sitharaman could review the GST tax rate on more than four dozen items, including petrol and online food delivery services.
Sep 16, 2021, 18:34 PM IST
GST Council meeting: States should be given the right to decide on their taxes, says Ajit Pawar
Ajit Pawar said, "Maharashtra's GST return of around Rs 32,000 crores hasn't been given to the state yet. States should be given rights to decide on their taxes."
Sep 16, 2021, 16:57 PM IST
Petrol at Rs 75 per litre, diesel at Rs 68? GST Council could discuss proposal to include fuel under GST
According to SBI economists, petrol price could ease to Rs 75 per litre if its brought under the ambit of the GST.
Sep 15, 2021, 12:34 PM IST
45th GST Council meet to happen on September 17: Check out the key issues that will be addressed
The GST portal will then be utilised for registration, tax payment, IT returns, and computation and settlement of IGST.
Sep 12, 2021, 23:34 PM IST
GST Council to meet on September 17, may review rate on COVID-19 essentials
The previous GST council meeting was held virtually via videoconferencing on June 12 2021.
Sep 01, 2021, 23:22 PM IST
GST Council splits on state compensation; surcharge on luxury goods, tobacco extended
Nirmala Sitharaman said 21 states accepted one of the two borrowing options suggested by the Centre but 10 states did not agree. Kerala Finance Minister said 10 states, mostly ruled by Congress and Left, want the Centre to borrow and give the money to states.
Oct 06, 2020, 00:01 AM IST
Centre gives two options to states on GST compensation, says GST collection impacted due to COVID-19
Finance Secretary said, "Attorney-General said that GST compensation has to be paid for a transition period- from July 2017 to June 2022. Revenue has to be protected compensation gap to be met from cess fund, which in turn has to be funded from levy of cess."
Aug 27, 2020, 18:57 PM IST
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Jul 27, 2019, 08:22 AM IST
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Jul 25, 2019, 08:30 AM IST
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Jul 25, 2019, 07:12 AM IST
Key decisions on real estate sector taken by GST Council in the 34th meeting
The promoters shall be given a one -time option to continue to pay tax at the old rates on ongoing projects.
Mar 20, 2019, 13:25 PM IST
EC gives go-ahead to GST Council meeting on March 19
The nod from the Election Commission was required as the Model Code of Conduct has been in force since Sunday.
Mar 14, 2019, 12:55 PM IST
GST Council defers decision on tax on real estate; extends deadline for sales returns till Feb 22
The due date for filing summary sales return - GSTR-3B - is February 20.
Feb 20, 2019, 14:26 PM IST
Crucial GST Council meet begins; rationalisation of rates on real estate, lottery key agenda
The GoM favoured hiking GST rate on the state-organised lottery to either 18 percent or 28 percent.
Feb 20, 2019, 12:55 PM IST