Wednesday, May 29, 2024 | Last Update : 02:45 PM IST

GST Council Page-2

RBI panel pitches for federal body like GST Council in farm sector

The GST Council consists of the finance ministers of Centre and all the states, decides on tax rates.

14 Sep 2019 10:42 AM

GST Council meets next Friday; tax rate cut to hinge on revenue position

The argument propagated has been to boost the consumption and the domestic demand by reducing GST rates further.

13 Sep 2019 7:19 PM

GST Council trims rate on electric vehicles, chargers to 5 per cent

The council also approved GST exemption for hiring of electric buses by local authorities.

27 Jul 2019 1:06 PM

GST Council meet to decide on slashing tax rate for e-vehicles postponed

GST rate for petrol, diesel cars and hybrid vehicles are already at the highest bracket of 28 per cent plus cess.

26 Jul 2019 8:54 AM

Assocham seeks inclusion of petroleum products in GST

The two-year period for keeping petroleum products outside GST is almost over.

25 Jul 2019 1:34 PM

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Marching to a new drumbeat: What to expect from Budget

Budget FY2020 should break this dismal trend and increase capital expenditure to 2 per cent of projected GDP.

30 Jun 2019 7:02 AM

15th finance panel stresses on dialogue with GST council

Dialogue between the commission and GST council to address various concerns on the taxation regime.

25 Jun 2019 8:28 PM

Sitharaman-led GST Council meet to decide on tax cut on e-vehicles, NAA extension

To push for manufacturing electric vehicles, the Council will consider slashing GST rates to 5 pc from 12 pc, an official said.

20 Jun 2019 6:49 PM

Sitharaman's first GST Council meet to decide on NAA extension

The Council is likely to discuss a mechanism for single point sanctioning and processing GST refunds.

20 Jun 2019 1:57 PM

GST council to introduce new GST return system

A transition plan has been worked out, said an official release on 31st meeting of GST Council, said an official release.

11 Jun 2019 3:38 PM

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Pre-Budget consultations; Sitharaman to meet economists, industry chambers

The state finance ministers are also expected to give their suggestions for Budget 2019-20.

09 Jun 2019 11:59 AM

GST Council to meet soon, may fix Rs 50 cr turnover threshold for e-invoice under GST

The turnover threshold for entities to generate e-invoice for B2B sales is likely to be fixed at Rs 50 crore if the GST Council agrees.

09 Jun 2019 11:39 AM

GST Council may consider national bench of AAAR next month

Industry is of the view that since both the AAR and AAAR only have tax officers as members.

19 May 2019 12:03 PM

Govt extends last date for filing final sales return for March till Apr 13

The GST Council also needs to have a 'Plan-B' for a swift and smooth GST compliance network.

11 Apr 2019 8:47 AM

Realtors have time till May 10 to opt for old GST rates

CBIC has issued a notification giving real estate companies a one-time option to choose either of the tax rates.

02 Apr 2019 7:50 PM

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Roll-out of new, simplified GST return forms deferred

The new forms would be made available once they are notified and the software is ready.

31 Mar 2019 11:53 AM

GST Council-like institutions needed for healthcare, rural development: Jaitley

I think a body like the GST Council, as a federal institution can do that job (coordination), said Arun Jaitley.

20 Mar 2019 3:44 PM

Flexible GST rates for realty

GST Council today has approved transition plan for the new rate structure for real estate residential projects.

20 Mar 2019 1:51 AM

GST Council approves transition plan for new tax rates for real estate sector

Council had in its last meeting on Feb 24, slashed tax rates for under-construction flats in affordable category to 1 pc.

19 Mar 2019 2:13 PM

GST Council to consider implementation of lower GST rates for realty sector

GST collections in February dropped to Rs 97,247 crore from Rs 1.02 lakh crore in the previous month.

18 Mar 2019 2:44 PM

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