Page 15 - Gst Council

Delhi HC issues notices to GST Council, CBIC on order against Excel Rasayan

The GST rate on detergents were cut from 28% to 18% on November 15, 2017

Proposal to encourage taxmen to file GST profiteering complaints on anvil

Once the tax officers find that GST benefits have not been passed on to the consumers, they will refer the case for further investigation to the Directorate General of Anti-Profiteering (DGAP)

Another sop story

GST Council's relief to MSMEs is welcome

Some year-end cheer from GST Council

Big relaxation is decision to allow ITC against invoices issued by a supplier during 2017-18 till April 20, 2019, the due date for furnishing of form GSTR-3B for March, subject to specified condition

GST Council likely to lower GST on under-construction homes to 5%

Currently, the Goods and Services Tax is levied at 12 per cent on payments made for under-construction property or ready-to-move-in flats

GST Council cuts rates on 23 items including TVs, no relief on cement

The Council pruned the list of items under the peak 28% slab by removing six goods, leaving only 28 now

GST Council allowing dual jurisdiction over assesses worrying traders: CAIT

GST Council in 2017 had decided that both the central and state tax administration would have the power to take intelligence-based enforcement action

GST council meet: Panel of 7 finance ministers to decide on calamity tax

Centre vows to help states reduce revenue shortfall to near-zero in five years

Needed decisions by GST Council

The Council is moving towards a three-tier structure of five, 12 and 18 per cent, though it could be a while before all items come into these slabs

Right move, wrong way

GST Council decisions are sound, but don't follow norms

National GST appellate tribunal on anvil, Council to decide on July 21

The Centre and state governments would have to amend the GST law if the proposal is approved by the Council in its next meeting on July 21

Council may consider bringing jet fuel, natural gas under GST ambit

However, fitting the two products in the 5, 12, 18 and 28 per cent GST tax slabs is proving to be difficult

GST Council asks Centre, states to quickly set up appellate authorities

So far only 12 states, including West Bengal, Gujarat, Madhya Pradesh, Rajasthan, Tamil Nadu and Uttar Pradesh, have issued notifications for setting up AAARs

GST Council okays single return a month; differences emerge on sugar cess

Two groups of ministers (GoMs) will deliberate further on these matters and submit their reports in a fortnight

GST Council: Slow process of return simplification dismays Kerala FM

Kerala finance minister Thomas Isaac wonders why the Council is debating the return filing process nine months after the GST implementation

Govt extends deadline for claiming transitional credit to June 30

Accordingly the GSTR-1 for April will have to be filed by May 31, while that for the month of May by June 10. For the month of June, it has to be filed by July 10

E-way bill roll-out from April 1; no decision on GST return simplification

The GST e-way bill, to track the inter-state movement of consignments worth over Rs 50,000, will be rolled out on April 1, two months after the first attempt to introduce it

25th GST Council meet: Here's the complete list of revised items

Items cover the whole gamut from bottled water to natural gas

GST Council meet: Govt may simplify returns filing norms tomorrow

The committee has made as many as 16 recommendations based on the suggestions of the advisory panel

GST Council approves mandatory inter-state e-Way Bill compliance from Feb 1

E-way bill for intra-state will be compulsory from June 1, the source added