GST Council To Conduct 50th Meeting On July 11 In New Delhi
1 year, 6 months ago

GST Council To Conduct 50th Meeting On July 11 In New Delhi

News 18  

The 50th GST Council meeting will be conducted on July 11, 2023, at Vigyan Bhawan in New Delhi. “The 50th meeting of the GST Council will be held on 11th July, 2023 at Vigyan Bhawan, New Delhi,” the GST Council said in a tweet on Thursday. The 49th GST Council meeting in February accepted the report of a panel of state ministers to set up GST Appellate Tribunals with some modifications. In the 49th GST Council meeting in February, the Council agreed to reduce the GST rate on pencil sharpeners from 18 per cent to 12 per cent.

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History of this topic

Arunachal committed to support GST reforms for economic growth: Deputy CM
2 days, 21 hours ago

Arunachal committed to support GST reforms for economic growth: Deputy CM

The Hindu  

Arunachal Pradesh Deputy Chief Minister Chowna Mein stated that the government is committed to support GST reforms for fostering economic growth and ease of compliance for all stakeholders in the State. Speaking at the 55th GST Council meeting at Jaisalmer in Rajasthan on Saturday, Mr. Mein, who also holds the Finance portfolio, said that the state government remained dedicated to …

GST’s popcorn moment leaves everyone with bitter aftertaste
Top News
3 days, 5 hours ago

GST’s popcorn moment leaves everyone with bitter aftertaste

New Indian Express  

The 55th GST Council meeting ended without any significant announcements. While it is true that with every passing year, the GST—once hailed as a good and simple tax—is becoming more complex, one cannot deny that tax rules, beyond a point, cannot be simple, howsoever hard one may try. The issue of the tax rate of Malabar parotta is yet to …

GST Council rejigs rates, defers call on insurance
3 days, 10 hours ago

GST Council rejigs rates, defers call on insurance

Hindustan Times  

The Goods and Services Tax Council in its 55th meeting on Saturday took a slew of decisions to protect the poor, including slashing the tax rate on fortified rice kernels, exempting GST on gene therapy, providing relief to farmers selling black pepper and resins. It, however, deferred several contentious issues such as tax rate rationalisation, GST on insurance premia and …

55th GST Council Meeting: Raises tax on used car sales; postpones debates on insurance, 'sin' products
4 days, 5 hours ago

55th GST Council Meeting: Raises tax on used car sales; postpones debates on insurance, 'sin' products

New Indian Express  

The 55th Goods and Services Tax Council meeting, held in Jaisalmer, Rajasthan, under Finance Minister Nirmala Sitharaman on Saturday, deferred discussions on the much-anticipated proposal to restructure GST on insurance premiums. The GST Council also postponed discussions on the widely discussed rate rationalisation for various consumer items, including so-called ‘sin’ products. Under the current GST framework, e-commerce platforms face specific …

CM Mohan Charan Majhi to attend GST, finance ministers' meet
6 days, 5 hours ago

CM Mohan Charan Majhi to attend GST, finance ministers' meet

New Indian Express  

BHUBANESWAR : Chief Minister Mohan Charan Majhi will embark on a four-day visit to Delhi and Rajasthan beginning December 19 to attend the 55th meeting of the GST council to be held at Jaisalmer on December 21. The state government, which had asked for higher allocations of central funds to the state to accelerate infrastructure development at the last meeting …

GST rate changes: Consult the public
2 weeks, 4 days ago

GST rate changes: Consult the public

New Indian Express  

The “recommendations” symbolise a misalignment, the fault lines in the understanding of the state of the economy. While the GST Council has ceased publishing data on collections, news reports show that November saw gross GST collections, at Rs 1.82 lakh crore, growing at 8.5 percent. It is a moot point if the process of GST Council GoMs allows for representations, …

GST rate hike claims are ‘premature, speculative’
3 weeks ago

GST rate hike claims are ‘premature, speculative’

The Hindu  

The Central Board of Indirect Taxes and Customs on Tuesday dismissed reports indicating significant indirect tax rate changes and hikes on the Goods and Services Tax rates of various goods and services, as “premature and speculative”, and stressed that a ministerial group tasked with rationalising the multiple GST rates is yet to finalise its recommendations. While the GST Council, which …

GST Council Considers Steep 35% Hike On Cigarettes, Tobacco Products
Trending News
3 weeks ago

GST Council Considers Steep 35% Hike On Cigarettes, Tobacco Products

ABP News  

The Group of Ministers on Goods and Services Tax rate rationalisation has proposed significant changes to tax rates, including a hike on sin goods like aerated beverages, cigarettes, and tobacco products, increasing the tax to 35 per cent from the current 28 per cent. Under the proposed structure: Readymade garments costing up to Rs 1,500 will attract 5 per cent …

GST on cigarettes, tobacco, aerated beverages may rise to 35 per cent, GST Council to take final call
Trending News
3 weeks, 1 day ago

GST on cigarettes, tobacco, aerated beverages may rise to 35 per cent, GST Council to take final call

India TV News  

The Group of Ministers on GST rate rationalisation, led by Bihar's Deputy Chief Minister Samrat Chaudhary, has decided to increase the tax on "sin goods" such as aerated beverages, cigarettes, tobacco, and related products to 35% from the current 28%. The four-tier tax slab of 5, 12, 18, and 28 per cent will continue and a new rate of 35 …

Top News on Dec 1: GST collection rises, Andhra dissolves Waqf board, Kejriwal rules out alliance in Delhi polls, more
3 weeks, 2 days ago

Top News on Dec 1: GST collection rises, Andhra dissolves Waqf board, Kejriwal rules out alliance in Delhi polls, more

Live Mint  

From increase in GST collection to Andhra govt dissolving Waqf board to killing of 7 Maoists to Donald Trump picking loyalist Kash Patel as his new FBI director, here are today's top stories. GST collection for November rises by 8.5% to ₹ 1.82 lakh crore The goods and service tax collection for the month of November rose 8.5 per cent …

GST Council to Review GoM’s Insurance Tax Suggestions Soon
4 weeks, 1 day ago

GST Council to Review GoM’s Insurance Tax Suggestions Soon

Deccan Chronicle  

New Delhi: Recommendations of the Group of Ministers looking into issues pertaining to GST on life and health insurance will be placed before the GST Council when received, Parliament was informed on Monday. After detailed deliberations, the Council recommended constituting a GoM to holistically look into issues pertaining to GST on life and health insurance. First meeting of the GoM …

GST Council To Meet In Jaisalmer On Dec 21; Key Decisions On Insurance And Rate Cuts Likely
1 month ago

GST Council To Meet In Jaisalmer On Dec 21; Key Decisions On Insurance And Rate Cuts Likely

ABP News  

The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, is scheduled for December 21 in Jaisalmer, Rajasthan. The council, comprising state finance ministers, is expected to deliberate on major tax policy changes, including a decision on exempting or reducing GST rates on health and life insurance policies. Following discussions last month, the GoM has proposed …

GST Council to meet in Jaisalmer on Dec 21; may decide on insurance levy, rate rationalisation
1 month ago

GST Council to meet in Jaisalmer on Dec 21; may decide on insurance levy, rate rationalisation

Deccan Chronicle  

New Delhi: The GST Council will meet on December 21 in Jaisalmer, in which the much-awaited decision on exemption or lower GST rate on health and life insurance is likely to be taken. The council, chaired by Union Finance Minister Nirmala Sitharaman and comprising her state counterparts, may also take up some rate rationalisation exercise and reduce tax rates on …

Research funds totally exempt from GST, notices sent to private institutions like IIT, Anna, Punjab University no longer to be sought
3 months, 1 week ago

Research funds totally exempt from GST, notices sent to private institutions like IIT, Anna, Punjab University no longer to be sought

Op India  

Following the GST Council’s decision to exempt central and state-governed higher education institutions from settling GST on their research funding, notices issued to some prominent institutions, including IIT-Delhi, Anna University, and Punjab University, concerning their outstanding GST pays will no longer be sought out. “The recent exemption of GST on research grants in educational institutions has been broadly welcomed within …

GST Council Meeting: what is cheaper and costlier
3 months, 2 weeks ago

GST Council Meeting: what is cheaper and costlier

The Hindu  

The 54th GST Council meeting, held in New Delhi on Monday announced several changes to the existing Goods and Services Tax slabs. The Council decided to reduce the GST rate on cancer drugs Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 12% to 5%. Namkeens, or savoury snacks, will also become cheaper after the GST on extruded/expanded savoury food products is reduced …

GST on research grants : AAP’s Atishi says the GST Council has decided to exempt research grants from the GST net
3 months, 2 weeks ago

GST on research grants : AAP’s Atishi says the GST Council has decided to exempt research grants from the GST net

The Hindu  

Delhi Finance Minister Atishi on Monday said the GST Council has decided to exempt research grants from the GST net, and called it a victory for the entire nation. Addressing a digital press conference, Atishi said last month, six educational institutions, including IIT-Delhi and Punjab University were sent showcause notices over research grants. It is good news that the GST …

GST Council meeting: New GoM on health insurance to submit report by October; Council may take a call on 18% GST levy in November
3 months, 2 weeks ago

GST Council meeting: New GoM on health insurance to submit report by October; Council may take a call on 18% GST levy in November

The Hindu  

To soothe the growing clamour for a reduction in the 18% tax levy on the premium paid for health and life insurance policies, the Goods and Services Tax Council on Monday set the stage for a possible rethink by mandating a stiff 50-day deadline for a new Group of Ministers to review the tax rate. The Council’s chair, Union Finance …

GST Council to deliberate on taxation of insurance premium, report on online gaming
3 months, 2 weeks ago

GST Council to deliberate on taxation of insurance premium, report on online gaming

The Hindu  

The GST Council on Monday is expected to deliberate on a host of issues, including taxation of insurance premium, GoM's suggestions on rate rationalisation, and a status report on online gaming, sources said. The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, will decide on whether to reduce the tax burden on health insurance from the …

GST Council meets today to discuss rate rationalisation, tax on insurance
3 months, 2 weeks ago

GST Council meets today to discuss rate rationalisation, tax on insurance

New Indian Express  

MUMBAI: The GST Council will be meeting later on Monday to discuss an array of important issues, including the much-discussed GST rate on life and health insurance policies. The meeting may also discuss rationalisation of rate structure under the GST. As per sources, the Council may also announce extending the GST amnesty scheme for another year—FY21. In addition to these …

GST Council to deliberate on taxation of insurance premium, report on online gaming
3 months, 2 weeks ago

GST Council to deliberate on taxation of insurance premium, report on online gaming

New Indian Express  

NEW DELHI: The GST Council on Monday is expected to deliberate on a host of issues, including taxation of insurance premium, GoM's suggestions on rate rationalisation, and a status report on online gaming, sources said. Sources said the fitment committee, comprising Centre and state tax officials, will present a report on GST levied on life, health and reinsurance premiums and …

​Enhancing oversight: The Hindu Editorial on the GST Council meet and issues
3 months, 3 weeks ago

​Enhancing oversight: The Hindu Editorial on the GST Council meet and issues

The Hindu  

The Goods and Services Tax Council, entrusted with overseeing the seven-year-old indirect tax regime, is slated to meet on September 9. The Council, whose parleys steered by the Union Finance Minister with States’ representatives are critical for resolving taxpayer challenges and setting broader policy direction, ought to meet regularly at such frequency. Beyond the broader revamp, the Council could also …

GST: Infosys, foreign airlines, shipping lines may see relief as concerns rise for ‘ease of doing business’, says report
4 months ago

GST: Infosys, foreign airlines, shipping lines may see relief as concerns rise for ‘ease of doing business’, says report

Live Mint  

The Centre is likely to give some GST relief to corporates, including IT major Infosys, foreign airlines and foreign shipping lines, amid growing concerns over ease of doing business, CNBC-TV18 reported, citing sources. It added that the Directorate General of GST Intelligence's spree of notices to Infosys, foreign airlines, and shipping lines is also in focus. Group of Ministers meets …

IIT Delhi faces ₹120 crore GST show-cause notice over research grants: Report
4 months, 1 week ago

IIT Delhi faces ₹120 crore GST show-cause notice over research grants: Report

Hindustan Times  

The Indian Institute of Technology Delhi has reportedly been issued a show-cause notice by the directorate general of Goods and Services Tax Intelligence, demanding ₹120 crore in tax on research grants received between 2017 and 2022, along with interest and penalties. Government officials have said that various educational institutions throughout India such as leading IITs, central universities and both state-run …

A fresh start: On the Goods and Services Tax Council meet
5 months, 3 weeks ago

A fresh start: On the Goods and Services Tax Council meet

The Hindu  

The Goods and Services Tax Council was convened last week for the first time in nearly nine months. Apart from several industry-specific measures, a few of which will kick in with retrospective effect, the Council also opted to waive interest and penalty on tax dues for the first three years of GST, provided they are paid by March 2025. Beyond …

GST Council to Reconstitute Three Key GoMs: Sitharaman
6 months ago

GST Council to Reconstitute Three Key GoMs: Sitharaman

Deccan Chronicle  

New Delhi: Union finance minister Nirmala Sitharaman said that the GST Council would have to reconstitute three Group of Ministers under it as new ministers from 11 states joined the body. The 53rd GST Council meeting held on Saturday witnessed that 11 new ministers joined the Council from Andhra Pradesh, Bihar, Chhattisgarh, Haryana, Madhya Pradesh, Mizoram, Odisha, Rajasthan, Sikkim, Telangana …

Will petrol and diesel come under GST? Nirmala Sitharaman replies
6 months ago

Will petrol and diesel come under GST? Nirmala Sitharaman replies

Hindustan Times  

Union finance minister Nirmala Sitharaman said that the Centre wants to include petrol and diesel within Goods and Services Tax and it is upto states to decide. Union finance minister Nirmala Sitharaman addresses a press conference after the 53rd GST Council Meeting, at the National Media Center in New Delhi on Saturday. “.At the moment, the intention of the GST …

53rd GST Council Meeting: Know Recommendations Relating To GST Rates On Goods & Services
6 months ago

53rd GST Council Meeting: Know Recommendations Relating To GST Rates On Goods & Services

Live Law  

The 53rd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. The GST Council made the following recommendations relating to changes in GST tax rates: Uniform IGST Applicable On Components Related To Aircrafts A uniform rate of 5% IGST will apply to imports of 'Parts, components, testing equipment, tools and tool-kits of aircrafts, irrespective …

53rd GST Council Meeting Mandates Notification Setting 3-Months Period For Filing GST Appeals Before GSTAT
6 months ago

53rd GST Council Meeting Mandates Notification Setting 3-Months Period For Filing GST Appeals Before GSTAT

Live Law  

The newly appointed Union Finance Minister, Nirmala Sitharaman, headed this meeting. It is the GST Council's first meeting after the 2024 Lok Sabha elections.The GST Council recommended amending Section 112 of the CGST Act, 2017 to allow the three-month period for filing appeals before the Appellate Tribunal to start from a date to be notified by the Government in respect …

FM Proposes Minimum Threshold Monetary Limit For GSTAT, High Courts And Supreme Court: 53rd GST Council Meet
6 months ago

FM Proposes Minimum Threshold Monetary Limit For GSTAT, High Courts And Supreme Court: 53rd GST Council Meet

Live Law  

The 53rd GST Council meeting happened on June 22, 2024, in New Delhi, nearly eight months after the last one. Nirmala Sitharaman, chaired the 53rd GST Council.The Union Finance Minister, Niramala Sitharam, has proposed the Minimum Threshold Monetary Limit for Goods and Service Tax Appellate Tribunal, High Courts, and. The Union Finance Minister, Niramala Sitharam, has proposed the Minimum Threshold …

53rd GST Council Meet Tomorrow: What's The Key Expectations?
6 months ago

53rd GST Council Meet Tomorrow: What's The Key Expectations?

Live Law  

About Eight and a half months after its previous meeting, the Center has decided to call a meeting of the Goods and Services Tax Council on June 22, 2024.Although the meeting's agenda is yet unknown, state finance ministers should bring forth ideas for an indirect tax system that might be included in the Union Budget, which is anticipated to be …

GST Council to meet on June 22; Centre likely to take suggestions on Union Budget
6 months, 1 week ago

GST Council to meet on June 22; Centre likely to take suggestions on Union Budget

Hindustan Times  

The 53rd meeting of the Goods and Services Tax Council will be held in New Delhi on June 22, the finance ministry said on Thursday, indicating that it could give an opportunity for the Centre to consult states on the upcoming Union Budget for 2024-25. “While the GST Council will take up matters pertaining to indirect taxes, the presence of …

GST Council to meet on June 22: What will be the agenda?
6 months, 1 week ago

GST Council to meet on June 22: What will be the agenda?

The Hindu  

The Centre has decided to convene a meeting of the Goods and Services Tax Council on June 22, eight-and-a-half months after its last meeting, the Finance Ministry said on June 13, 2024. At its last meeting held on October 7, 2023, the Council, headed by the Finance Minister, had initiated discussions on a “perspective plan” to impose a cess or …

Union Budget 2024 likely to be tabled in Parliament by third week of July
6 months, 1 week ago

Union Budget 2024 likely to be tabled in Parliament by third week of July

Live Mint  

Finance Minister Nirmala Sitharaman took charge of the Finance Ministry and held a meeting with senior officials on Wednesday and directed them to initiate the preparation for the Union Budget 2024-2025. Moreover, a meeting of the Goods and Services Tax Council headed by Union Finance Minister Nirmala Sitharaman is scheduled to be held on June 22 here in the national …

GST Council to meet on June 22, likely to review online gaming taxation
6 months, 1 week ago

GST Council to meet on June 22, likely to review online gaming taxation

India TV News  

New Delhi: The GST Council, chaired by Finance Minister Nirmala Sitharaman, is scheduled to meet on June 22 in the national capital after a gap of eight months. The council is expected to review the implementation of the 28 per cent GST on the online gaming sector. Council to review GST on online gaming The GST Council is expected to …

No GST relief until formation of new govt
9 months, 2 weeks ago

No GST relief until formation of new govt

New Indian Express  

NEW DELHI : With the delay in the GST Council meeting, several industries awaiting clarifications from the government won’t get immediate relief as the model code of conduct will be coming into force with the poll announcement. Similarly, the real estate industry is also awaiting clarification regarding 18% GST levied on special purpose vehicle model for projects. Also, it has …

Sitharaman to Inaugurate GST Enforcement Chiefs' Meet on March 4
9 months, 3 weeks ago

Sitharaman to Inaugurate GST Enforcement Chiefs' Meet on March 4

Deccan Chronicle  

New Delhi: Marking a significant step in strengthening the enforcement mechanism in goods and services tax, the government on Sunday said that Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday will hold a one-day conference of enforcement chiefs of all states and central GST officers to tackle tax evasion. February’s GST revenue growth reflected the third highest …

GST Council may soon clarify tax exemption to RERA
9 months, 4 weeks ago

GST Council may soon clarify tax exemption to RERA

Hindustan Times  

The GST Council is likely to soon clarify that Real Estate Regulatory Authority will not be required to pay Goods and Services Tax, an official said. A meeting of GST Council, chaired by Union Finance Minister and comprising state ministers, is likely to be held before the imposition of Model Code of Conduct for the general election due in April-May. …

2023 Annual Digest Of GST Cases
11 months, 1 week ago

2023 Annual Digest Of GST Cases

Live Law  

Supreme Court State Amendments Made To VAT Acts After GST Came Into Effect Are Invalid : Supreme Court Citation: 2023 LiveLaw 1351 Case Title: M/S Sethi Sons Versus Assistant Commissioner And Ors. The Delhi High Court has held that the refund application was filed twice on the GST portal but could not be uploaded due to technical glitches. Citation: 2023 …

CBIC Notifies Creation Of Principal Bench Of GSTAT At New Delhi
11 months, 3 weeks ago

CBIC Notifies Creation Of Principal Bench Of GSTAT At New Delhi

Live Law  

The Central Board of Indirect Taxes and Customs has notified the creation of the principal bench of the Goods and Service Tax Appellate Tribunal at New Delhi.“The Government has invoked the powers under section 109 of the Central Goods and Services Tax Act, 2017. The Central Board of Indirect Taxes and Customs has notified the creation of the principal bench …

CGST Bill Passed In Parliament
1 year ago

CGST Bill Passed In Parliament

Deccan Chronicle  

New Delhi: The Parliament on Wednesday passed a bill that will raise the cap on the age limit for president and members of goods and services tax or GST Appellate Tribunals. The central GST Appellate Tribunals bill was approved with a voice vote in Rajya Sabha and returned to Lok Sabha, which had passed the bill on Tuesday. Besides, Parliament …

Centre notifies 18% GST on corporate guarantees
1 year, 1 month ago

Centre notifies 18% GST on corporate guarantees

Live Mint  

New Delhi: The Central Board of Indirect Taxes and Customs has said that Goods and Services Tax will apply to corporate guarantees between related entities such as parent firms and subsidiaries from Thursday, 26 October. As per the CBIC order, 18% GST will apply to corporate guarantees between parent and subsidiaries and other related parties either on the financial consideration …

52nd GST Council Recommends Amendments In Conditions Of Appointment Of President And Member Of Proposed GST Appellate Tribunals
1 year, 2 months ago

52nd GST Council Recommends Amendments In Conditions Of Appointment Of President And Member Of Proposed GST Appellate Tribunals

Live Law  

The 52nd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman is in New Delhi today.The council recommended the amendments in conditions of appointment of president and member of proposed GST Appellate Tribunals.The Council has recommended amendments in section 110 of the CGST Act, 2017 to provide that an advocate for ten. …

52nd GST Council Meeting: No GST On Flour With 70% Millet; 5% Tax On Molasses
1 year, 2 months ago

52nd GST Council Meeting: No GST On Flour With 70% Millet; 5% Tax On Molasses

News 18  

The 52nd GST Council meeting took place today on Saturday at Sushma Swaraj Bhawan in New Delhi under the chairmanship of finance minister Nirmala Sitharaman. – Smt @nsitharaman post 52nd GST Council Meeting in New Delhi. pic.twitter.com/KGMlHFAn2X — Nirmala Sitharaman Office October 7, 2023 According to media reports, the GST Council discussed the progress around 28 per cent taxation on …

GST Council Caps Age Of President, Members Of GST Appellate Tribunal
1 year, 2 months ago

GST Council Caps Age Of President, Members Of GST Appellate Tribunal

News 18  

The GST Council on Saturday decided to cap the maximum age of President and members of the GST Appellate Tribunal. The 52nd GST Council meeting, chaired by Union finance minister and comprising state counterparts, also decided to levy a lower 5 per cent tax on millet-based flour when sold in pre-packaged and labelled form, Finance Minister Nirmala Sitharaman said. The …

GST Council Meet: Tax-levying power on ENA ceded to states; other key decisions
1 year, 2 months ago

GST Council Meet: Tax-levying power on ENA ceded to states; other key decisions

Live Mint  

The 52nd Goods and Services Tax Council meeting on Saturday, October 7, ceded the right to levy tax on extra neutral alcohol -supplied for the manufacture of alcoholic liquors - to the states. “ENA for human consumption will be exempt from GST and the same will be communicated to the Supreme Court,” Chhattisgarh Deputy Chief Minister T S Singh Deo …

52nd GST Council meeting today; online gaming likely part of agenda. What to expect? Top points
1 year, 2 months ago

52nd GST Council meeting today; online gaming likely part of agenda. What to expect? Top points

Hindustan Times  

The 52nd meeting of the Goods and Services Tax or GST Council will be conducted in New Delhi's Vigyan Bhawan on Saturday, October 7 where matters such as extending the concessional tax rate on vehicles for visually impaired persons, exemption on millets sold in powdered form and clarifying tax on bank and corporate guarantees, among others are likely to be …

Finance Minister Nirmala Sitharaman chairs 52nd GST Council meeting
1 year, 2 months ago

Finance Minister Nirmala Sitharaman chairs 52nd GST Council meeting

India TV News  

GST Council meeting: Union Finance Minister Nirmala Sitharaman chaired the 52nd GST Council meeting at New Delhi's Sushma Swaraj Bhawan on Saturday. The GST Council convenes periodically to deliberate on matters related to the GST regime, including tax rates, policy changes, and administrative issues. The GST Council plays a pivotal role in shaping India's indirect tax structure, ensuring that it …

52nd GST Council Meeting: What Lies Ahead For Online Gaming, SGST & Beyond?
1 year, 2 months ago

52nd GST Council Meeting: What Lies Ahead For Online Gaming, SGST & Beyond?

News 18  

52nd GST Council Meeting October 7, 2023: The upcoming 52nd GST Council Meeting, scheduled for October 7, 2023, in New Delhi, holds profound significance as it is anticipated to be a pivotal meeting in addressing various critical agenda items such as taxation of crypto and NFT tokens, clarifications on ESOP, rate rationalisation and evaluation of the progress made by individual …

51st GST Council At 4 pm Today To Finalise Modalities For 28% Tax On Online Gaming
1 year, 4 months ago

51st GST Council At 4 pm Today To Finalise Modalities For 28% Tax On Online Gaming

News 18  

Union Finance Minister Nirmala Sitharaman will chair the 51st GST Council meeting via videoconferencing in New Delhi on Wednesday, August 2, at 4 pm. During the meeting, the GST Council is likely to finalise the modalities for determining supply value in online gaming and casinos for levying 28 per cent tax. @nsitharaman will chair the 51st GST Council meeting via …

GST Council To Meet On August 2 On Online Gaming, Casino Rules: Reports
1 year, 4 months ago

GST Council To Meet On August 2 On Online Gaming, Casino Rules: Reports

News 18  

The GST Council is likely to meet on August 2 via videoconferencing to take a final decision on the 28 per cent GST on online gaming, casinos and race courses, according to media reports. However, the GST Council is expected to resolve whether the 28 per cent GST will be levied on entry value or each bet. On July 11, …

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