While the revenue department is mulling on the idea of a national bench of AAAR, the move is expected to give certainty to taxpayers.
The board allowed utilisation of input tax credit of IGST after a confusion among taxpayers regarding the quantum of utilisation of IGST credit in paying CGST and SGST dues.
With instances of malpractices in e-way bill generation getting detected, the revenue department decided to rework the system for generation of e-way bill by transporters and business.
The EC had on Sunday strongly advised the Finance Ministry that any action by its enforcement agencies during election time should be neutral and non-discriminatory during the poll season.
Till March 26, direct tax collection was Rs 10.29 lakh crore, which is 12.5 per cent up compared to the same period a year ago.
The month of March marks the beginning of spring in the northern hemisphere and winter in the southern hemisphere.
Lower buoyancy in tax collection has affected the fiscal math and efforts are being made to make up for the shortfall.
The decision will enable the government to take various measures for making exports of apparel and made-ups zero rated.
More than one Democratic contender in next year's presidential elections are campaigning on some plan to tax the wealthy.
The groups are to submit their reports in two months.
With a total outstanding debt of the state has been projected at Rs 2,29,612 crore for 2019-20, the current Congress government blamed the previous BJP-SAD government for the same.
The system, which was rolled out on April 1, 2018 for moving goods worth over Rs 50,000 from one state to another, has seen fake invoices with tax evasions worth Rs 5,000 crore.
The modality has been introduced on rail routes from Kolkata/Haldia to Birgunj via Raxaul LCS and Biratnagar on a pilot basis.
Panneerselvam, who holds the Finance portfolio, pegged the state's revenue deficit at around Rs 14,300 crore for the coming financial year.
The government also announced a number of initiatives in various sectors including implementing a Rs 2,000 crore comprehensive parking management project here.