Also, an announcement was made regarding the next GST Council Meeting which is taking place in October. Read on for the most recent and latest GST news and significant GST updates from September 2023. GST Notifications released in September 2023 GST Notification – 45/2023 dated 6-9-2023: ...
The 31st GST Council Meeting was held on 22 December 2018. Following recommendations and rate cuts were agreed upon in the meeting: A. Policy Recommendations The GST Council in its 31st meeting held at New Delhi made the following policy recommendations There would be a single cash ledger for ...
The latest GST notifications related to the 55th Council meeting. CT-Rate, UT-Rate and IT-Rate (1,2,3,4) CT-Rate, UT-Rate and IT-Rate (5,6,7,8) 15th January 2025 As per Notifications No. 01/2025 and 02/2025, the draft GSTR-2B data will be generated on January 16, 2025....
The 38thmeeting of the GST Council met under the Chairmanship of the Union Minister for Finance Corporate Affairs Smt Nirmala Sitharaman here today The meeting
keeping in mind special rates and provisions for some states. The predominant responsibility of the GST Council is to ensure to have one uniform tax rate for goods and services across the nation. In this section, we give you a wholesome view of all the latest GST council meeting updates, ...
On September 9th, the upcoming GST Council meeting will be important in refining the tax structure, particularly with the decisions on facilitating the doing of business. The government continued its actions to maintain the same momentum, ensuring sustained revenue streams that contribute to the ...
At its 25th meeting, held on 18 January, the GST Council provided more relief to taxpayers by reducing additional GST rates, relaxing some compliance requirements, and introducing other reforms that are expected to boost India’s economy.
The categorization of goods and services into different slabs is essential for maintaining a balanced tax structure. It ensures that essential commodities remain affordable, while luxury items contribute more to the revenue pool. Latest GST Updates for the FY 24-25: 55th GST Council Meeting Highlight...
30th GST Council meeting has introduced an addition in GST Tax Rates for sourcing the Kerala Flood Relief Fund. However no new changes are there regarding GST registration and GST return filing.
the oxygen concentrator GST rates were reduced from 12 per cent to five per cent. While in the latest meeting held in September, the GST Council extended the reduced rates for the Covid-19 related medicines and added new medicines into the concession list, it did not mention the rates of ...