Businesses that default on filing summary return and paying monthly GST will not be able to file GSTR-1 sales return of the succeeding month from January 1 next year.
The GST Council in its Lucknow m...
All states, including the BJP-ruled ones, unanimously opposed the inclusion of petroleum products under the goods and services Tax as it would impact the revenue of both the Centre and the states.
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Bengal has demanded that the Centre must compensate states for the shortfall in GST collection for another five years.
The GST Council, however, could not come to a decision and formed a GoM as state...
The GST Council on Friday decided to tax online food delivery operators such as Swiggy and Zomato on behalf of restaurants from January next year even as it extended concessional tax rates on certain ...
The compensation cess under the goods and services tax regime will be collected till March 2026 but the proceeds garnered after June 2022 will not go to the states.
Finance minister Nirmala Sitharama...
The all-powerful GST Council on Friday decided to charge food delivery platforms such as Swiggy and Zomato a tax even as it extended concessional tax rates on certain COVID-19 drugs by three months ti...
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review tax rate of over four-dozen items and extend till December 31, tax concessions...
The GST Council will hold its first physical meeting on Friday since the outbreak of the pandemic. Finance minister Nirmala Sitharaman will chair the 45th meeting in Lucknow.
The last meeting o...
The Narendra Modi-government appears to have hollowed out the demand for a special meeting of the GST Council to discuss the shortfall in compensation cess payable to states after asserting on Thursda...
Bengal finance minister Amit Mitra has suggested a ‘course correction’ to steer the functioning of the GST Council and bring back a ‘consensual atmosphere’ instead of the &lsqu...