News: Finance Minister has chaired the 41st GST Council meet.The council discussed states compensation and revenue losses. Facts: Union Finance Minister has placed before the GST Council two options for …
Read MoreNews:Finance Minister has chaired the 38th GST Council Meeting in New Delhi. Facts: Key takeaways from the meeting: The GST Council has for the first time used the voting process …
Read MoreNews:The GST Council has written to states telling them that the GST and compensation cess collections are unlikely to be met this year. Facts: About GST Compensation Cess: A cess …
Read MoreNews:The Goods and Services Tax(GST) Council has constituted a 12-member committee of officials from states and Centre to suggest steps to augment revenue and improve compliance under the GST regime. …
Read MoreNews:The 37th Goods & Services Tax(GST) Council meeting was held on 20th September 2019. Facts: Key Highlights of the meeting: Uniform GST rate of 12% to be levied on polypropylene …
Read MoreThe 36th GST Council Meeting was recently held under the chairmanship of Union Finance Minister. The GST Council has decided to reduce Goods and Services tax(GST) rate on electrical vehicles(EVs) …
Read MoreThe 35th Goods and Services tax(GST) Council Meeting was held on 21 June 2019 at New Delhi. The GST council has extended the tenure of the anti-profiteering authority by two …
Read MoreThe GST Council is likely to extend the tenure of the National Anti-profiteering Authority(NAA) till November 30,2020. Besides,the Council will also discuss a proposal to levy Goods and Services Tax(GST) …
Read MoreThere will be two major policy events taking place in the coming days which are the Budget and a GST Council meeting. Both will reveal the government’s intent and vision …
Read MoreIndian Auto LPG Coalition (IAC)has appealed for a reduction in the goods and services tax (GST) rates on LPG conversion kits for automobiles from the current 28% to 5%. This …
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