Decisions taken by the GST Council in the 34thmeeting held on 19thMarch, 2019 regarding GST rate on real estate sector
GST Council in the 34th meeting held on 19th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made by the council in its 33rd meeting for lower effective GST rate of 1% in case of affordable houses and 5% on construction of houses other than affordable house. The council decided the modalities […]
Recommendations made during 31st Meeting of the GST Council
Ministry of Finance Recommendations made during 31st Meeting of the GST Council Posted On: 22 DEC 2018 4:45PM by PIB Delhi The GST Council in its 31st meeting held today at New Delhi made the following policy recommendations: There would be a single cash ledger for each tax head. The modalities for implementation would be finalised in […]
Formation of GoM as Recommended by the GST Council in Its 31st Meeting held on 22.12.2018.
Ministry of Finance Formation of GoM as Recommended by the GST Council in Its 31st Meeting held on 22.12.2018. Posted On: 22 DEC 2018 4:48PM by PIB Delhi The GST Council in its 31st meeting held today at New Delhi has approved the proposal to form a 7 Member Group of Ministers to study the revenue […]
In-Principle approval given for Law Amendments during 31stMeeting of the GST Council
Ministry of Finance In-Principle approval given for Law Amendments during 31stMeeting of the GST Council Posted On: 22 DEC 2018 4:49PM by PIB Delhi The GST Council in its 31st meeting held today at New Delhi gave in principle approval to the following amendments in the GST Acts: Creation of a Centralised Appellate Authority […]
Recommendations made during 31st Meeting of the GST Council held on 22nd December, 2018 (New Delhi)-Rate changes
Ministry of Finance Recommendations made during 31st Meeting of the GST Council held on 22nd December, 2018 (New Delhi)-Rate changes Posted On: 22 DEC 2018 4:50PM by PIB Delhi GST Council in the 31st meeting held on 22nd December, 2018 at New Delhi took following decisions relating to changes in GST rates on goods and services. […]
Decisions taken by the GST Council in the 31st meeting held regarding GST rate on services
Ministry of Finance Decisions taken by the GST Council in the 31st meeting held regarding GST rate on services Posted On: 22 DEC 2018 5:50PM by PIB Delhi GST Council in the 31stmeeting held on 22nd December, 2018 at New Delhi took following decisions relating to changes in GST rates, ITC eligibility criteria, exemptions andclarificationson connected […]
Recommendations made during 31st Meeting of the GST Council held regarding Rate changes and clarification in Goods
Ministry of Finance Recommendations made during 31st Meeting of the GST Council held regarding Rate changes and clarification in Goods Posted On: 22 DEC 2018 5:51PM by PIB Delhi GST Council in the 31st meeting held on 22nd December, 2018 at New Delhi took following decisions relating to changes in GST rates, and clarification (on Goods). The […]
One Year of GST Rollout – A learning / Nightmare or Success?
One Year of GST Rollout – A learning / Nightmare or Success? When the clock ticked 00.00 hours on the night of 30th June 2017, India has rolled out one of the major reforms, tax reform to be specific for rationalization of taxes known as “Goods and Service Tax” by subsuming about 40 plus […]
GST Council unveils new, simplified return filing process
The GST Council on Friday unveiled a new simplified return that would require a taxpayer to file only one return every month and set a period of six months for the transition to take place. “It will take about six month for GSTN to prepare for it so for that period the current arrangement of […]
GST Council meet: E-way bill set for early rollout from February 1
The E-way bill under the goods and services tax (GST) will be rolled out from January 16. The decision was taken by the GST Council chaired by Finance Minister Arun Jaitley on Saturday through video conferencing. While traders can start using the E-way bill on a voluntary basis from January 16, it will be made […]