GST Council to examine the GST rate cut and relief on COVID essentials

The GST Council resolved to form a Group of Ministers (GoM) at…

43rd GST Council Meeting; Compensation Cess, Amnesty Scheme, GST Return Relief Measures Discussed

The 43rd GST Council Meeting took place today via video conferencing, chaired…

43rd Council meeting to announce GST Amnesty scheme for delayed GSTR

The Goods and Service Tax Council (GST Council) is expected to announce…

GST Compensation Shortfall For FY’22 Estimated at Rs.2.69 Lakh Crore

The GST (Goods and Service Tax) compensation shortfall payable to states is…

Fitment Committee Rejects the Proposal to Exempt GST on COVID Vaccines

The fitment committee of the Goods and Services Tax (GST) Council has…

IGST exemption on Import of Oxygen Concentrators for Personal Use

The 43rd GST Council meeting scheduled on 28th May 2021 might decide…

Next GST Council meeting to be in May 2021; rate reductions and duty relaxations on essentials

Over the next few weeks, the Centre will call a meeting of…

GST Compensation: Centre Releases Rs.30,000 Crore

The Ministry of Finance released a press note stating that the Central…

Tax-Free Limit of Rs.2.5 Lakh on EPF Contributions: Will the FM Review It?

Finance Minister Nirmala Sitharaman has stated that she is open to review…

Possible GST levy on petrol at the GST Council meeting

Almost all the states in India are witnessing a steep increase in…