Companies challenge NAA's methodology, seek remedy in GST Appellate Tribunal. Complexity arises due to lack of clear methodology for individual calculations...

The GST Council in its 50th and 51st meetings had recommended to levy GST on Casino, Horse Racing and Online gaming at the uniform rate of 28% on full face..

The GST Council has taken decisions by consensus, but state finance ministers from Opposition-ruled states blame the Centre. The victory in Rajasthan and..

The Madras high court has held that the GST council's role, particularly in product classification, is only recommendatory. In Parle Agro's case, the court..

The Single Bench of the Madras High Court has held that the function of the GST Council is not to determine the classification of goods under the provisions...

Uttar Pradesh's Finance Minister, Suresh Khanna, has been appointed as the convenor for the Group of Ministers (GoM) by the GST Council to review tax rates on..

In its 52nd meeting held on October 7, 2023, the Goods and Services Tax Council ("GST Council") clarified the position on taxability of: (a) personal..

The GST council has clarified that corporate guarantees given by a parent company to its subsidiary will be subject to goods and services tax (GST). This..

The GST Council will provide clarity on input tax credit for life insurers, following a demand on Life Insurance Corporation (LIC). The issue arises from the..

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..

Briefing after the 52nd GST council meeting, Finance Minister Nirmala Sitharaman said the reduction in GST on molasses will benefit sugarcane farmers and enable..

The GST Council has introduced an amnesty scheme allowing taxpayers until January 31, 2024, to file appeals against demand orders issued by tax officers until..

In the 52nd GST Council meeting, India decided to impose a 5% GST on pre-packaged and labeled millet-based flour, while loose sales will have zero GST if..

The GST Council on Saturday decided to reduce GST on molasses to 5 per cent, from 18 per cent, and exempt alcohol for human consumption from the levy...

The 52nd meeting is aimed at discussing critical issues affecting the Indian tax system and finding collaborative solutions.

The GST Council is set to discuss the appointment of members to proposed tribunals during their meeting on Saturday. However, there are no expected changes to..

No GST reduction on EV batteries as the GST Council's fitment committee has rejected proposal. EV industry sought reduction of GST on batteries...

The amendments also make registration mandatory for offshore e-gaming companies operating in India. It also provides for blocking of access in case offshore..

Union finance minister Nirmala Sitharaman on Wednesday said that 28% GST on online gaming will hopefully be effective from October 1, 2023.Speaking to reporters..

The GST Council in its last meeting on July 11 approved levying 28 per cent tax on full face value of bets in online gaming, casinos and horse racing.

Ruling out any change in the proposed 28% GST on online gaming and casinos, government sources said it is prudent to stick to levying tax on the gross value as..

The Central Board of Indirect Taxes and Customs (CBIC) issued various Circulars on 17 July 2023 to clarify the recommendations made in the 50th GST Council..

The GST Council had a meeting on Tuesday and made some significant decisions. Check what got expensive and what got cheaper.

The GST council has set new rules to identify SUVs, and the body style will now attract more taxes as the councils sets new cess slabs.

The GST Council on Tuesday decided to levy 28% tax on the face value of “bets placed” on online games, chips purchased at casinos and bets placed with..

The panel, headed by the Union finance minister and comprising of representatives of all states and UTs, decided on tax rate based on recommendation of a group..

The GST Council has also approved the setting up of appellate tribunals.

The GST Council on Tuesday agreed to levy a 28 per cent tax on online gaming, casinos and horse racing and the tax would be levied on full face value. West..

Kejriwal hoped that people would oppose this development at the GST Council meeting on Tuesday.

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

GST Council is likely to take a final call on the recommendation of the Law Committee in its 50th meeting on Tuesday.

Under ONDC, a buyer places an order with an e-commerce platform, which itself procures that consignment from another e-commerce platform.

Chairman of Central Board of Indirect Taxes and Customs (CBIC), Vivek Johri said this while speaking to reporters at the sidelines of an event.

As recommended in the GST Council's 49th meeting, with effect from 1 March 2023, 5% GST rate has been notified on Rab, when sold in pre-packaged and labeled...

The 49th Goods and Services Tax ("GST") council meeting under the chairpersonship of the Union Minister for Finance and Corporate Affairs, Smt. Nirmala..

Revenue Secretary Sanjay Malhotra told reporters that there will be a principal bench with states setting up their own benches. Each of the benches in the states..

The announcements were made after the 49th meeting of the GST Council on Saturday.

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

Goods and Services (GST) Council will meet on Saturday to discuss on various agenda in New Delhi including GST reduction on Millet-based products, Open health..

The 49th meeting of the GST Council is scheduled to be held here in the national capital on February 18, to be chaired by finance minister Sitharaman. 

The 48th Meeting of the GST Council was held on December 17, 2022, through video conference.

The 48th GST Council meeting had announced amendments to be made to the provisions relating to ‘Online Information and Database Access or Retrieval services'..

The 49th GST Council meeting is likely to take up issues relating to taxation on 'pan masala' and 'gutka' companies, setting up of appellate tribunals, and GST..

The 48th Goods and Services Tax (GST) Council Meeting, which was scheduled virtually under the chairmanship of the Union Finance Minister Nirmala Sitharaman..

"There is no proposal before the Government, at present, to reduce this threshold limit to Rs 5 crore with effect from 01.01.2023, as no such recommendation has..

According to the council, SUVs will attract 28% GST and 22% cess or 50 percent total tax.

Nirmala Sitharaman stated the higher rate of 22% compensation cess applies to SUVs that meet all four parameters.

"In this 48th GST Council Meeting, there hasn't been any tax increase on any item. No new taxation has been brought in. Everything that has been done is to issue..

There are more than 8 crore small traders in the country but a large number of traders are conducting business activities without GST registration.

The GST council has also clarified what kind of cars will be categorised as SUVs and will be levied with tax as per the automobile category.

The rate changes recommended by the GST Council had become effective on July 18, 2022.

The panel of state ministers set up by the GST Council to look into taxation of online gaming and casinos on Thursday submitted its report to finance minister..

The GST Council, chaired by finance minister Nirmala Sitharaman, is likely to decide on a number of issues such as decriminalisation of GST offences, setting up..

The GST council is looking to make GST law more taxpayer-friendly with the proposed amendments.

The GST Council in its next meeting is likely to discuss decriminalisation of offences under GST law, along with raising the threshold of launching prosecution..

The state finance ministers' panel for GST levy on casinos, online gaming and horse racing will submit its report to the GST Council next week, Meghalaya chief..

The GST Council is likely to meet in the first half of November to discuss the reports of the panel of ministers on setting up GST appellate tribunal and levy of..

The GST Council had been advised by the GoM in a previous report to impose a 28 per cent GST on the gross sales value of online games.

"This announcement was made exactly two days before the 'Howdy Modi' event organised on September 22, 2019 in Houston, the US. The rate cut came amidst fiscal..

Amongst the myriad representations placed before the Goods and Service Tax Council (GST Council) for consideration in their 47th meeting,...

Nirmala Sitharaman said GST Council has not imposed any new levy on essential items consumed by the poor.

Nirmala Sitharaman said GST Council has not imposed any new levy on essential items consumed by the poor.

GST on pre-packaged goods/ food packets was levied after some states gave feedback of losing revenues they previously earned from levy of VAT on food items, a..

Amid protests by the opposition, finance minister Nirmala Sitharaman on Tuesday sought to put the record straight on GST on unbranded and packed food products,..

FM Sitharaman said,  recently, the GST Council in its 47th meeting recommended to reconsider the approach for imposition of GST on specified food items like..

Finance Minister said that the decision to levy tax on pre-packed and pre-labelled items was taken by GST Council as a whole and not one member.