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GST Council

India 360: Government's coffers are filling during the festive season, GST collection increased

India 360: Government's coffers are filling during the festi...

Fri, Nov 03, 2023

Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.

GST Council Meeting: States Raise Issue Of Retrospective Taxation On Online Gaming Companies

GST Council Meeting: States Raise Issue Of Retrospective Taxation...

Sun, Oct 08, 2023

During the 52nd GST Council meeting, states raised the issue of notices for tax demand served under the GST regime on gaming companies, with some states terming it "retrospective taxation". Chhattisgarh Deputy Chief Minister T S Singh Deo said that states like Delhi and Goa raised the issue of online gaming companies receiving a spate of GST demand notices for alleged evasion. Delhi Finance Minister Atishi said that tax notices are being sent for a much higher amount than even the estimated valuation of the gaming industry.

GST Council Meeting: Council Raises President, Members of GST Appellate Tribunal Age Limit To 70

GST Council Meeting: Council Raises President, Members of GST App...

Sat, Oct 07, 2023

The GST Council has decided to raise the upper age limit of the GST Appellate Tribunal to 70 years. This means that the president and members of the tribunal can now serve until they are 70 years old, up from the previous limit of 67 years. This is good news for taxpayers, as it will allow them to access justice for longer. In this video, we'll discuss the implications of this decision and what it means for taxpayers.

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No decision by GST Council on dual control yet, says Kerala FM

No decision by GST Council on dual control yet, says Kerala FM

Mon, Jan 16, 2017

In the ninth meeting of the Goods and Service Tax (GST) Council on Monday, Kerala Finance Minister, Isaac Thomas said that the meet had no decision on dual control yet. He further added that Indian states will soon get the right to tax territorial waters.

Jaitley looks to break deadlock at GST meeting tomorrow

Jaitley looks to break deadlock at GST meeting tomorrow

Sun, Jan 15, 2017

Finance Minister Arun Jaitley will tomorrow look to break the deadlock over distribution of powers between centre and states to administer GST, an issue that is holding up launch of the new national sales tax from April.

Hope to resolve issues for GST rollout from April 1: Jaitley

Hope to resolve issues for GST rollout from April 1: Jaitley

Wed, Jan 11, 2017

With states and the Centre still locked in stalemate over control of tax payers, Finance Minister Arun Jaitley today said the issue will be resolved in next few weeks for rollout of the GST regime from April 1.

Nasscom meets GST Council on concerns over implementation

Nasscom meets GST Council on concerns over implementation

Tue, Jan 03, 2017

Cautioning that current form of GST implementation could pose serious challenges for IT sector, industry body Nasscom on Tuesday met the GST Council to express concern on tax treatment of software and make a case for 'single registration' under the new regime.

Keep labour-intensive sectors out of GST ambit: Nirmala Sitharaman

Keep labour-intensive sectors out of GST ambit: Nirmala Sitharaman

Tue, Jan 03, 2017

Commerce and Industry Ministry on Tuesday asked the GST Council to grant ab-initio exemption to exporters from the Goods and Services Tax (GST) and keep the labour-intensive sectors like leather and plantation completely out of the tax net or put them in lowest slab.

GST definitely not happening in April, Kerala finance minister says

GST definitely not happening in April, Kerala finance minister says

Tue, Jan 03, 2017

Goods and Services Tax (GST) implementation is definitely not happening in April, Kerala Finance Minister told reporters in New Delhi at the end of first day of discussions.

About 75% of targeted 60,000 officers trained for GST: NACEN

About 75% of targeted 60,000 officers trained for GST: NACEN

Sun, Dec 25, 2016

Uncertainty over the rollout date of GST notwithstanding, the NACEN has already trained about three-fourth of the targeted 60,000 field officials who would be instrumental in implementing the new indirect tax regime.

Resolution to dual control issue not far off, says FM Arun Jaitley

Resolution to dual control issue not far off, says FM Arun Jaitley

Sun, Dec 25, 2016

Union Finance Minsiter Arun Jaitley on Saturday said that the Goods and Services Tax (GST) Council has made "significant progress" on the provisions relating to the indirect tax regime and resolution of the "one difficult issue" of dual control or cross empowerment that deals with assessee jurisd

GST Council makes headway on bills, stuck on taxpayer control

GST Council makes headway on bills, stuck on taxpayer control

Sat, Dec 24, 2016

The all-powerful GST Council on Friday made a 'reasonable headway' on supporting legislations for the new indirect tax regime but its rollout from April 1 looked virtually impossible as it postponed discussion on the critical issue of administration and control of tax payers.

GST Council finalises compensation rules; next meet on Jan 3

GST Council finalises compensation rules; next meet on Jan 3

Fri, Dec 23, 2016

The two-day long Goods and Service Tax (GST) Council meeting, which was chaired by Finance Minister Arun Jaitley ended today. Along with Jaitley, state ministers were also present as members in this seventh meet.

GST Council meet ends for today; CGST clauses finalised: Sources

GST Council meet ends for today; CGST clauses finalised: Sources

Thu, Dec 22, 2016

As many as 20 chapters of the model GST law cleared in its last meeting earlier this month.

GST Council to consider model laws tomorrow

GST Council to consider model laws tomorrow

Wed, Dec 21, 2016

This will be the seventh meeting of the Council, which is headed by Union Finance Minister Arun Jaitley and has state ministers as members.

GST rollout may be pushed to July, industry needs time: Experts

GST rollout may be pushed to July, industry needs time: Experts

Sun, Dec 18, 2016

With "turf issue" over tax payer jurisdiction continuing to clog GST Council deliberations, the Goods and Services Tax (GST) rollout could be delayed by a quarter to July 1 as industry would require time to prepare itself, experts said.

GST can be rolled out anytime between April 1 to September 16: Arun Jaitley

GST can be rolled out anytime between April 1 to September 16: Arun Jaitley

Sat, Dec 17, 2016

Amid signs of slippage of the April 1 GST rollout target, Finance Minister Arun Jaitley said on Saturday ending resolution of "turf" issues, GST is a transactional levy that unlike income tax can be implemented anytime during the year.

All efforts made to meet April 1 deadline for GST roll out: FinMin

All efforts made to meet April 1 deadline for GST roll out: FinMin

Wed, Dec 14, 2016

The release said that since notification of the GST Council on September 12, six meetings of the Council have been held till now.

GST Council meeting commences in the shadow of demonetisation

GST Council meeting commences in the shadow of demonetisation

Sun, Dec 11, 2016

The sixth meeting of the Goods and Services Tax (GST) Council commenced in New Delhi on Sunday in the shadow of demonetisation, whose fallout has put a serious question mark on implementing GST by the central government`s targeted deadline of April 1, next year.

No consensus at GST Council, next meet on December 11 & 12

No consensus at GST Council, next meet on December 11 & 12

Sun, Dec 04, 2016

For the third time in one month, the GST Council on Saturday failed to break deadlock over control of assessees under the new indirect tax regime, an issue that has been holding up supporting bills essential for the goods and services tax (GST) rollout from April 1 next year.

Keeping fingers crossed on breakthrough in GST Council: Arun Jaitley

Keeping fingers crossed on breakthrough in GST Council: Arun Jaitley

Sat, Dec 03, 2016

With the fifth meeting of the Goods and Services Tax (GST) Council remaining inconclusive as the impasse over the issue of assessee jurisdiction continued, Union Finance Minister Arun Jaitley on Saturday said he was keeping his fingers crossed.

Constitutional compulsion to roll out GST before Sept 16, 2017: Arun Jaitley

Constitutional compulsion to roll out GST before Sept 16, 2017: Arun Jaitley

Sat, Dec 03, 2016

Citing constitutional compulsion, Finance Minister Arun Jaitley on Friday sought to drive home the point that the Goods and Services Tax (GST) has to roll out before September 16 next year as the existing indirect taxes will come to an end by then and it would not be possible to run the country w

Centre to compensate states every quarter for GST revenue loss

Centre to compensate states every quarter for GST revenue loss

Sat, Nov 26, 2016

States will receive provisional compensation from Centre for loss of revenue from implementation of Goods and Services Tax (GST) every quarter but the final annual number would be decided after an audit carried out by CAG.

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