GST Council

GST Council ruling will have influence on tax structure, Centre-state relations: FM Balagopal

The verdict upholds cooperative federalism and is welcome.

published on : 20th May 2022

SC order on GST Council clearly establishes rights of state govts: PTR

Due to improper planning and inaccurate policies, the GST has not yielded expected results over the years.

published on : 20th May 2022

SC ruling unlikely to alter GST regime; power to reject Council's recos never used: Revenue Secretary

The recommendations of the GST Council, as per the Constitutional amendment, were always a guidance and never a mandatory compliance, Revenue Secretary Tarun Bajaj said.

published on : 19th May 2022

GST Council’s decisions not written in stone, rules SC

The bench made the observation while upholding a Gujarat High Court order to revoke Integrated GST (IGST) on ocean freight from Indian importers.

published on : 19th May 2022

GoM recommends 28% GST on online games 

The GoM’s recommendations are generally accepted by the GST Council, which is likely to hold its meeting later this May or in June first week. 

published on : 19th May 2022

GST hike to affect Hyderabad bid to emerge as gaming firms’ hub

The Group of Ministers (GoM) constituted by the Centre to study the proposed GST slabs on online gaming is set to hold its second meeting of May 18.

published on : 16th May 2022

Crypto industry seeks clarity on GST

According to various reports, the GST Council is mulling a 28% tax on cryptos, and the industry says it is open to dialogue with the council on this issue.

published on : 12th May 2022

Tamil Nadu Chamber of Commerce urges Council to revert GST hike

The chamber noted that following the third wave of Covid-19, the trade and industrial sector, especially the micro, small, and medium enterprises, is now on a gradual recovery path.

published on : 27th April 2022

GST Council has not sought states' views on hiking tax rates

Stating that views have not been sought from states on hiking rates on 143 items, sources said, there is also no proposal to shift more than half of items to the highest tax GST slab of 28 per cent.

published on : 24th April 2022

Group of Ministers yet to finalise report on rationalisation of GST rates

The Group of Ministers will deliberate and finalise recommendations which will be sent to the GST Council, headed by Finance Minister Nirmala Sitharaman and comprising state finance ministers.

published on : 18th April 2022

GST Council may do away with 5 per cent rate; move items to 3 per cent and 8 per cent slabs

Sources said in order to augment revenue the Council may decide to prune the list of exempt items by moving some of the non-food items to 3 per cent slab.

published on : 17th April 2022

GST Council’s 47th meeting likely to be held next month

Earlier, the meeting was scheduled for this month but due to FM’s other commitments, the meeting had to be postponed to next month.

published on : 12th April 2022

GST rates: We are caught in a cleft stick

In an ideal GST, all goods and services would be part of it, in addition to a single rate. This will reduce compliance costs and curbs classification disputes and litigation.

published on : 19th March 2022

Politicising GST Council decisions an insult to federal body: FM Sitharaman in RS

Sitharaman said the Council is a body which decides on how this works out and disbursements happen.

published on : 15th March 2022

GST council not for inclusion of petroleum products: Hardeep Singh Puri

The minister while replying to a question in Rajya Sabha said the states, which earn high revenue from sale of petroleum products are reluctant to do so.

published on : 15th March 2022
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