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GST Council

India 360: Government's coffers are filling during the festive season, GST collection increased

India 360: Government's coffers are filling during the festive season, GST collection increased

Fri, Nov 03, 2023

Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.

GST Council Meeting: States Raise Issue Of Retrospective Taxation On Online Gaming Companies

GST Council Meeting: States Raise Issue Of Retrospective Taxation On Online Gaming Companies

Sun, Oct 08, 2023

During the 52nd GST Council meeting, states raised the issue of notices for tax demand served under the GST regime on gaming companies, with some states terming it "retrospective taxation". Chhattisgarh Deputy Chief Minister T S Singh Deo said that states like Delhi and Goa raised the issue of online gaming companies receiving a spate of GST demand notices for alleged evasion. Delhi Finance Minister Atishi said that tax notices are being sent for a much higher amount than even the estimated valuation of the gaming industry.

GST Council Meeting: Council Raises President, Members of GST Appellate Tribunal Age Limit To 70

GST Council Meeting: Council Raises President, Members of GST Appellate Tribunal Age Limit To 70

Sat, Oct 07, 2023

The GST Council has decided to raise the upper age limit of the GST Appellate Tribunal to 70 years. This means that the president and members of the tribunal can now serve until they are 70 years old, up from the previous limit of 67 years. This is good news for taxpayers, as it will allow them to access justice for longer. In this video, we'll discuss the implications of this decision and what it means for taxpayers.

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GST Council meet: Annual return filing dates extended

GST Council meet: Annual return filing dates extended

Fri, Jun 21, 2019

The GST Council also extended the tenure of the anti-profiteering authority by two years and approved imposing a penalty of up to 10 per cent on entities not passing on benefits of GST rate cuts to consumers.

35th GST Council Meeting June 2019: Registration process changed; FM Nirmala Sitharaman chairs meet - Check key decisions

35th GST Council Meeting June 2019: Registration process changed; FM Nirmala Sitharaman chairs meet - Check key decisions

Fri, Jun 21, 2019

35th GST Council Meeting Updates: Union Finance Minister Nirmala Sitharaman today chaired the 35th GST Council Meeting in New Delhi.

Interest charge on ITC Value: Federation of Automobile Dealers Associations writes to GST Council - What they said and demanded?

Interest charge on ITC Value: Federation of Automobile Dealers Associations writes to GST Council - What they said and demanded?

Thu, Jun 20, 2019

In a major development for auto industry, the Federation of Automobile Dealers Associations (FADA) has sent a representation to the GST Council on charge of interest on Gross Value instead of Net of Input Tax Credit (ITC) value, while making the GST payment on monthly basis.

GST Council may reduce tax on EV chargers to promote electric vehicles

GST Council may reduce tax on EV chargers to promote electric vehicles

Wed, Jun 19, 2019

In the key headlines today evening, cricket lovers would be sad to know that their star opening player Shikhar Dhawan will no longer we able to play for the team Indian in the ongoing world cup due injury in his thumb. Rishabh has been inducted in the team in Dhawan's place. In another development, the government is likely to reduce GST charges on EV chargers in the upcoming GST council meeting, slated on June 21, to promote electric vehicles. For other news developments, watch this Zee Business video.

Tax 'bidi' also at 28 pct to 'save millions of lives': Experts urge GST Council

Tax 'bidi' also at 28 pct to 'save millions of lives': Experts urge GST Council

Wed, Jun 19, 2019

Applauding the government for including cigarettes and smokeless tobacco in the highest tax slab for its long-lasting impact on the lives of the country's 268 million tobacco users, they demanded that 'bidis' be also classified as a demerit good and taxed at the maximum rate plus cess.

First GST council meet on June 21 after Modi 2.0 takes charge

First GST council meet on June 21 after Modi 2.0 takes charge

Wed, Jun 19, 2019

The GST (Goods and Services Tax) Council is all set to meet on June 21 to decide on crucial matters on taxation, various slab and items falling under this slab.

GST Council meet on 21 June; What to expect?

GST Council meet on 21 June; What to expect?

Tue, Jun 18, 2019

Goods and Services Tax Council, the federal indirect tax body, is set to take several decisions to curb tax evasion in its first meeting to be chaired by new finance minister Nirmala Sitharaman on 21 June.

First GST Council Meet under Modi govt 2.0: What's expected?

First GST Council Meet under Modi govt 2.0: What's expected?

Mon, Jun 17, 2019

GST Council Meeting on June 21: The 35th meeting of GST Council will take place on June 21. It is expected that the council will extend the tenure of the National Anti-profiteering Authority (NAA) till November 30, 2020.

GST Council to meet on June 20 amid hopes of rate cuts

GST Council to meet on June 20 amid hopes of rate cuts

Tue, Jun 11, 2019

Union Finance Minister Nirmala Sitharaman would chair the meeting for the first time with Finance Ministers of all the states in attendance.

Good Budget is required to support pragmatic policies of government; says JP Chowdhary, Titagarh Wagons

Good Budget is required to support pragmatic policies of government; says JP Chowdhary, Titagarh Wagons

Tue, Jun 11, 2019

I expect that the budget will bring an improvement to the infrastructure sector, says Jagdish Prasad Chowdhary, Executive Chairman, Titagarh Wagons, during an interview with Zee Business.

Zee Exclusive: GST Council likely to slash tax on Auto and Cement

Zee Exclusive: GST Council likely to slash tax on Auto and Cement

Mon, Jun 10, 2019

GST Council is likely to slash tax on Auto and Cement. To know more watch the video

GST Council Meet on June 20: Finance Ministry may propose this to tighten noose around tax evasion

GST Council Meet on June 20: Finance Ministry may propose this to tighten noose around tax evasion

Sun, Jun 09, 2019

The council may take a final decision on the turnover threshold for issuance of e-invoice for B2B sales after consultation with states.

GST Council sets up 2 sub-groups to examine legal, technical aspects of e-invoice for B2B sales

GST Council sets up 2 sub-groups to examine legal, technical aspects of e-invoice for B2B sales

Tue, May 28, 2019

The sub-group on technical issues would suggest mode of generation, like app-based or mobile or SMS or offline and online, data security and system integration.

Good news for taxpayers: GST Council may consider national bench of AAAR next month

Good news for taxpayers: GST Council may consider national bench of AAAR next month

Sun, May 19, 2019

Setting up of a national bench of AAAR would help bring certainty in the GST era as divergent rulings by AARs leave the industry flummoxed about the tax implication of a particular business decision.

GST reduction on housing will really benefit public?

GST reduction on housing will really benefit public?

Sun, Mar 31, 2019

GST Council slashed tax rates for under-construction flats to 5 per cent and affordable homes to 1 per cent, effective April 1. Watch this video to know more

New GST rates on under construction property from 1st April

New GST rates on under construction property from 1st April

Tue, Mar 19, 2019

New rules approved by the GST council. 5% GST will be applied on new projects from 1st April. Watch video to know more...

New housing GST slabs will provide home buyers cheaper flats

New housing GST slabs will provide home buyers cheaper flats

Tue, Mar 19, 2019

The GST Council on Tuesday approved a transition plan for the implementation of new tax slabs for the real estate sector with applicable rules for housing units being applicable from April 1, 2019.

GST Council Meet: Outcome - Arun Jaitley addresses input tax credit issue of real estate developers

GST Council Meet: Outcome - Arun Jaitley addresses input tax credit issue of real estate developers

Tue, Mar 19, 2019

The industry insiders say Arun Jaitley-led GST council has taken a smart move as any reduction in taxes were not possible during election code of conduct.

GST Council Meet: End input tax credits, real estate developers demand from Arun Jaitley

GST Council Meet: End input tax credits, real estate developers demand from Arun Jaitley

Tue, Mar 19, 2019

The GST Council meeting today is expected to clarify the extent to which the opening input-tax credit balance on April 1, 2019, could be used by builders.

Govt slashes GST rates on under-construction flats to 5%

Govt slashes GST rates on under-construction flats to 5%

Mon, Feb 25, 2019

In a big relief to home buyers, the GST Council Sunday slashed tax rates on under-construction housing properties to 5 percent without the input tax credit, from the existing 12 per cent, Finance Minister Arun Jaitley said.

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