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GST Latest News

This article contains GST’s latest News. You can rely on these GST News as we keep on updating the same: 20th September 2019 37th GST Council meeting that happened in GOA decided to cut rates for various goods and services under GST. To know about the various rate cuts in this GST Council meet click … Read moreGST Latest News

37th GST Council Meeting Highlights

On Friday 20th September 2019, Union Finance Minister Mrs. Nirmala Sitharaman announced GST rate revisions on various items and there are certain policy changes as well. The New rates will come into effect from 1st October 2019. Revised GST Rate as per 37th GST Council Meeting Here is the list of items whose GST rates are revised in … Read more37th GST Council Meeting Highlights

36th GST Council Meeting: Key Takeaways

On Saturday (27th July 2019), 36th GST Council meeting took place via video conferencing. The main motive behind this council meeting was to decide whether there will be any GST rate cuts on electronic vehicles or not. Currently, the GST Rate on electric vehicles is 12%. In 35th GST Council meeting the rate cuts on … Read more36th GST Council Meeting: Key Takeaways

36th GST Council Meeting Agenda

36th GST council meeting will take place on 25th July 2019 via video conferencing. Latest GST Council Update The 36th GST Council Meeting which was going to take place on Thursday 25th July 2019 has now been rescheduled for July 27th 2019. The GST council meeting was called off due to the Union Finance Minister … Read more36th GST Council Meeting Agenda

35th GST Council Meeting Key Highlights

35th GST Council Meeting took place in New Delhi on 21st June 2019 under the supervision of 2nd Woman Union Finance Minister Mrs. Nirmala Sitharaman of the re-elected government. Before a month of 35th GST Council meeting, various anticipation was made regarding the different indirect taxes issues such as GSTR-9 filing issues. So considering all … Read more35th GST Council Meeting Key Highlights

GST Council Meeting, Structure and Recommendations

The Goods and Services Tax (GST) Council Meeting makes decisions related to changes or new introductions made under GST.   This article discusses the following topics: About GST Council Meeting Features of GST Council GST Council Structure GST Council Recommendations   1. About GST Council The GST Council is a body or committee which makes … Read moreGST Council Meeting, Structure and Recommendations

34th GST Council Meeting Key Highlights

The 34th GST Council Meeting was held on March 19th, 2019 in New Delhi. Arun Jaitley, the Finance Minister of India, chaired the council meeting so as to examine and pass previously announced notifications. It was ensured that new schemes or rate cuts are not announced in the meeting. The main topic of discussion for … Read more34th GST Council Meeting Key Highlights

Impact of 7% GST rate slash on under construction & affordable houses

The Finance Minister of India, Mr Arun Jaitely informed in 33rd GST Council meeting that there will be a 7% slash in the rate of both under construction houses and affordable housing W.E.F. 1st April 2019. Currently, the GST rate on under construction houses is 12% and the affordable housing scheme is 8% which will … Read moreImpact of 7% GST rate slash on under construction & affordable houses