GoM on Rate Rationalization Meets on 17th June 2022

The Group of Ministers (GoM), led by the Karnataka Chief minister on…

Plans to set up a GST dispute resolution system in progress

The Union Ministry of Finance is formulating a plan for introducing a…

GST Council’s GoM may recommend revisiting the GST exemption list

A Group of Ministers (GoM) formed for GST rate rationalisation by the…

GST Rate Revision May Get Postponed Due to Current Macroeconomic Conditions

The government’s plan to rationalise GST rates to boost overall revenue collections…

GST Council may consider a modification to the GSTR-3B form for better ITC reporting

The GST Council will likely conduct its 47th meeting in June 2022.…

GST Council may eliminate the 5% GST rate slab next month

The GST Council is looking into eliminating the 5% GST rate slab…

More e-Way Bills During March 2022 Hints Rise in GST Collections

The massive 78.1 million e-way bills raised during March 2022 indicate that…

GST rate rejig may get delayed: GoM suggests a single 15% GST instead of 12% and 18%.

The government may delay restructuring the Goods and Services Tax (GST) rate…

GST Council May Raise the 5% GST Slab to 8% in its Next Meeting

The GST Council may increase the 5% GST slab to 8% in…

45th GST Council Meeting: GST on Textiles Rolled Back to 5%

The 46th GST Council meeting held in New Delhi was chaired by…