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GST council meeting News

21 Dec 2024

GST Council Postpones Decision On Tax Cut For Life, Health Insurance

GST Council 55th Meeting: The premium paid by senior citizens towards health insurance coverage has been proposed to be exempted from the tax.

19 Oct 2024

GST On Term Life And Senior Health Coverage Likely To Be Exempted

GST On Health Insurance Premium: The GST Council addressed this issue during its September meeting, following discussions about the 18 per cent GST on life and health insurance premiums.

04 Oct 2024

GST Panel Deliberates On Lowering Rate On Health Insurance, Tractors

As tractor segment volumes saw marginal growth (year-on-year) in September, a reduction in GST on tractors will offset the revenue loss, according to industry experts.

GST council meeting

09 Sep 2024

GST Council Meet Today: Here Are The Key Expectations

According to industry sources, the GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is also likely to discuss the operationalisation of the GST Appellate Tribunal mechanism which is a key step towards streamlining dispute resolution under GST.

GST council meeting

22 Jun 2024

FM Sitharaman Announces Nationwide Biometric Authentication - Key Highlights

The Council proposed a uniform GST rate of 12 per cent on all milk cans, regardless of the material they are made from (steel, iron, aluminum), aiming to resolve disputes.

08 Oct 2023

GST Amnesty Scheme: Big Relief For Taxpayers At 52nd GST Council Meet - Check

In its meeting on Saturday, the 52nd GST Council extended the deadline for GST-registered enterprises to file appeals with an increased pre-deposit of 12.5 percent of the tax demand.

50th GST Council Meeting

27 Sep 2023

GST Council To Meet On Oct 7; Check What's In Agenda

The amendments also make registration mandatory for offshore e-gaming companies operating in India. It also provides for blocking of access in case offshore platforms fail to comply with GST registration and tax payment norms.

12 Jul 2023

GST Waived Off On Cancer Treatment Drugs, Special Medicines

Addressing a press conference after the marathon eight-hours-long meeting, Sitharaman said that tax exemption has also been extended to satellite launch services provided by private parties.

11 Jul 2023

GST Council Meet Today: To Take Call On Taxing MUV, Horse Racing, Online Game

Setting up of a GST Tribunal and framing of their rules may also be taken up for discussion during the meeting.

GST council meeting

18 Feb 2023

Entire GST Compensation Cess Dues of Rs 16,982 Crore will be Cleared: FM

Entire GST Compensation Cess Dues of Rs 16,982 Crore will be Cleared: FM Till May 31, we have already cleared GST compensation," FM. The GST rates on pencil sharpeners will come down from 18% to 12%.

GST council meeting

18 Feb 2023

GST Council Reduces Tax on Liquid Jaggery, Pencil Sharpeners

FM Sitharaman said all the GST compensation dues will be cleared, including Rs 16,982 crore for the month of June.

GST council meeting

18 Feb 2023

GST Council Meet Starts Today; Here are Key Things That can be Discussed

49th GST Council is to be held in New Delhi on Saturday. The council led by Nirmala Sitharaman will discuss on various issues. GST reduction on healthy millet-based products,

GST council meeting

10 Feb 2023

GST Council to Meet on Feb 18; Online Gaming, Appellate Tribunal Top Agenda

49th meeting of GST Council to be held on Feb 18. The meeting is scheduled to be held in New Delhi. 48th Meeting of GST Council was held on December 17, 2022.

04 Feb 2023

GST Council to Meet on February 18; Check Top Agenda Here

The meeting is scheduled to be held in New Delhi on Feb 18. This is the 49th meeting of the GST council. The 48th GST Council meeting was held on December 17, 2022.

Nirmala Sitharaman

31 Dec 2021

It's not BJP money: Finance Minister on Rs 200 crore seized from perfume maker

She said law enforcing agencies act on actionable intelligence in conducting raids. She said the former chief minister Akhliesh Yadav is "shaken" by the raids. Recovery of money shows there was actionable intelligence.

GST council meeting

31 Dec 2021

Sitharaman to chair GST Council meeting today; check key demands of states

Nirmala Sitharaman will chair the 46th meeting of the GST Council in New Delhi today Union MoS in the Ministry of Finance, Pankaj Chaudhary and Dr Bhagwat Kishanrao Karad will also attend the meeting

18 Sep 2021

Non-filers of monthly GST return to be barred from filing GSTR-1 from new year

The GST Council meeting happened in Lucknow on September 17. The Council decided to amend Rule 59(6) of the Central GST Rules with effect from January 1. The Central Board of Indirect Taxes and Customs (CBIC) had notified Aadhaar authentication for GST registration with effect from August 21, 2020.

GST council meeting

18 Sep 2021

Check list of goods and services whose GST rates have been updated

The meeting was held in Lucknow, Uttar Pradesh. The 45th meeting of the GST council was the first in-person one in nearly two years. The GST Council has increased the rate on carbonated fruit drinks to 28% plus compensation of 12%.

GST council meeting

17 Sep 2021

GST Council Meeting: COVID-medicines GST-free till 31st December, petrol-diesel not in GST

Many important decisions were taken in the meeting of the GST Council held in Delhi on Friday. After the meeting, the government announced to make many costly life-saving medicines GST free. At the same time, there was no consensus in the meeting on the issue of making petrol and diesel GST-free. Union Finance Minister Nirmala Sitharaman held a press conference after the GST Council meeting.

GST council meeting

17 Sep 2021

Concessional GST rates on COVID-related drugs extended till December 31: FM

The meeting held in Lucknow, Uttar Pradesh was the 45th meeting of the GST council and the first in-person one in nearly two years. There will be concessional GST rates on covid related drugs, which has now been extended till December 31 from September 30, says FM Sitharaman.

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