Page 5 - Gst Council Meet

GST Council may rationalise rates for five-star hotels in Friday meeting

Fitment panel does not favour rate reduction for vehicles, biscuits

From cars to biscuits, GST Council to decide on rate cuts in Friday meeting

There have been demands pouring in from various sectors from biscuits to automobiles and FMCG to hotels to reduce tax rates in the wake of perceived economic slowdown

GST Council may cut tax on hybrid vehicles as auto sector battles slowdown

The government is examining a rate reduction for such vehicles by doing away with the cess, which will bring down the tax incidence from 43% to 28%

Govt's big push for EVs: GST Council trims rate on EVs, chargers to 5%

Hiring of electric buses (of carrying capacity of more than 12 passengers) by local authorities was exempted from GST

GST rate on EVs cut from 12% to 5%; reduced rate effective from August 1

The GST Council has also approved exemption from GST on hiring of electric buses by local authorities

GST Council meeting to decide on slashing tax rate for EVs postponed

West Bengal Finance Minister Amit Mitra had on Tuesday written to Sitharaman objecting to a hurriedly called 'single agenda meeting'

Auto, realty companies may not get relief at GST Council meet today

Issues related to the tax structure for solar projects, reduction in tax rate on electric vehicles, and more are expected to be discussed during Sitharaman's first Council meeting

GST Council meet: Realtors get two options to tax under construction house

No input tax credit to lapse, but developers need to do the math

GST Council meet: Relief for exporters, tax exemption extended by 6 months

GST Council will discuss the implementation of the new e-way bill for inter and intra-state movement of goods

GST Council defers decision on rate revision for real estate to Sunday

In its final recommendations on real estate, a GoM had favoured lowering GST rates on under-construction houses from 12% with input tax credit to 5% without input tax credit

Small businesses likely to be off GST radar; council to decide on Thursday

The GoM also recommended a composition scheme for service providers with an annual turnover up to Rs 50 lakhs

Govt clarifies GST confusion on solar, 70% project cost under 5% rate

Govt clarified saying that 70% of the gross value of project shall be deemed as the value of supply of said goods attracting 5% rate

GST Council keeps ACs in 28% tax slab, durable firms disappointed

The buzz prior to the meet was that air conditioners would be shifted from 28 per cent to 18 per cent in line with appliances such as washing machines and refrigerators

Date for returns filing extended beyond 2019 Lok Sabha elections

The new return filing system would be rolled out on a trial basis on April 1, 2019, while it would be made mandatory from July 1, 2019, -on the second anniversary of GST

GST Council cuts rates on 23 items, rationalises 28% slab: Key takeaways

Services supplied by banks to basic savings accounts, PMJDY exempt from GST

Thankful to government for reducing GST on film tickets: Producers Guild

The reduction of GST on film tickets, exceeding Rs 100 is reduced to 18% from 28% and up to Rs 100 to 12% from 18%

GST Council to form 7-member GoM to advice on Kerala's calamity cess demand

Finance Minister Arun Jaitley said the panel discussed the proposal from Kerala to levy Calamity Tax

GST Council meet: Simple return filing to digital pay incentive; highlights

Return filing to get easier: The buyer will not have to upload any invoice and can simply view the invoices uploaded by the seller and confirm them

GST Council to select hybrid model for simplifying filing returns on Friday

In non-payment of taxes, the authorities will follow it up with the seller, based on the liability generated from the invoice upload

Jaitley to chair GST Council on May 4, simplifying return form on agenda

The 27th GST Council meet will also mull over the proposal of converting GSTN into a government company