![]() | GST Council ruling will have influence on tax structure, Centre-state relations: FM BalagopalThe verdict upholds cooperative federalism and is welcome. |
![]() | SC order on GST Council clearly establishes rights of state govts: PTRDue to improper planning and inaccurate policies, the GST has not yielded expected results over the years. |
![]() | SC ruling unlikely to alter GST regime; power to reject Council's recos never used: Revenue SecretaryThe recommendations of the GST Council, as per the Constitutional amendment, were always a guidance and never a mandatory compliance, Revenue Secretary Tarun Bajaj said. |
![]() | GST Council’s decisions not written in stone, rules SCThe bench made the observation while upholding a Gujarat High Court order to revoke Integrated GST (IGST) on ocean freight from Indian importers. |
![]() | GoM recommends 28% GST on online gamesThe 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. |
![]() | GST hike to affect Hyderabad bid to emerge as gaming firms’ hubThe 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. |
![]() | Crypto industry seeks clarity on GSTAccording 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. |
![]() | Tamil Nadu Chamber of Commerce urges Council to revert GST hikeThe 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. |
![]() | GST Council has not sought states' views on hiking tax ratesStating 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. |
![]() | Group of Ministers yet to finalise report on rationalisation of GST ratesThe 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. |
![]() | GST Council may do away with 5 per cent rate; move items to 3 per cent and 8 per cent slabsSources 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. |
![]() | GST Council’s 47th meeting likely to be held next monthEarlier, the meeting was scheduled for this month but due to FM’s other commitments, the meeting had to be postponed to next month. |
![]() | GST rates: We are caught in a cleft stickIn 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. |
![]() | Politicising GST Council decisions an insult to federal body: FM Sitharaman in RSSitharaman said the Council is a body which decides on how this works out and disbursements happen. |
![]() | GST council not for inclusion of petroleum products: Hardeep Singh PuriThe 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. |
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