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43rd GST Council Meeting

The 43rd GST Council meeting was held on 12 October 2020. It was an extension of the 42nd GST Council Meeting to decide on the borrowing options available to meet the compensation cess shortfall. However, the Council meeting ended without a consensus between the Centre and a few states. The key points of discussion in … Read more43rd GST Council Meeting

42nd GST Council Meeting

The 42nd GST council meeting was held on 5 October 2020. Finance Minister, Smt. Nirmala Sitharaman chaired the meeting. Key Highlights Of 42nd GST Council Meeting As expected, the council has decided to extend the levy of compensation cess beyond June 2022. The other recommendations of the 42nd GST Council Meeting are: The due date … Read more42nd GST Council Meeting

41st GST Council Meeting

The GST council is the chief decision-making body that takes all important decisions about the GST regime. The 41st GST council meeting was held on the 27 of August 2020 through video conferencing. This meeting was chaired by the Union Finance Minister Nirmala Sitharaman in the presence of the Attorney General. Outcome of the 41st … Read more41st GST Council Meeting

41st GST Council Meeting

The GST council is the chief decision-making body that takes all important decisions about the GST regime.  The 41st GST council meeting is tentatively scheduled for the 27th of August, 2020. As per sources, the 42nd GST council meeting may be on the 19th of September 2020. Expectations from the 41st GST Council Meet This … Read more41st GST Council Meeting

40th GST Council Meeting Highlights

On Friday 12th June 2020, the 40th GST Council meeting took place via video conferencing. This meeting was the first one after the Novel Corona Virus broke-out.  The 40th GST Council meeting was chaired by the Union Finance Minister Mrs. Nirmala Sitharaman. In this meeting, the GST council made significant declarations on GST return late … Read more40th GST Council Meeting Highlights

39th GST Council Meeting Highlights

The 39th GST Council meeting that was headed by the Union FM Nirmala Sitharaman held on 14th March 2020 in New Delhi. In this GST Council Meet important decisions were taken. In this article, we will highlight all the decisions taken in this 39th GST Council Meeting. Content Table New GST return system and e-invoicing … Read more39th GST Council Meeting Highlights

38th GST Council Meeting Highlights

On 18th December 2019, 38th GST Council Meeting took place under the supervision of Union Finance Minister Smt. Nirmala Sitharaman in New Delhi. Here are the highlights of the 38th GST Council Meeting: 1. Formation of the Grievance Redressal Committee In this 38th GST Council Meeting, the council decided to form a Zonal or State … Read more38th GST Council Meeting Highlights

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