Councils, or similar bodies to Government schools have been granted GST exemption effective October 10, 2024. This recommendation was made by the GST Council during its 54th meeting.

In its 54th meeting, the GST Council introduced Rule 164 to the CGST Rules through Notification No. 20/2024 dated 08.10.2024, outlining the procedure and conditions for closing proceedings under ...

The 54th GST Council meeting on September 9 decided to set up a GoM to examine and review the present tax structure of GST on life and medical insurance. A final call by the Council on the taxation of ...

Atishi said that due to the opposition by Delhi and Punjab governments in the 54th GST Council meeting regarding the tax on research grants, the same will now be exempted from the GST.

These actions have been taken on the basis of recommendation of GST Council meeting held on December 21, 2024. The GoM on revenue mobilisation in case of natural calamities or disaster will have ...

The GST Council, in its 55th meeting on December 21, 2024, had decided to reconstitute the Group of Ministers (GoM) on GST revenue analysis with a revised ToR. The GoM was first set up in 2019.

The State government has consistently adopted a strong stance in the GST Council to avoid revenue loss in Goods and Services Tax (GST), Finance Minister K.N. Balagopal said on Monday. The Minister ...

The GST Council, in its December 21, 2024 meeting, had decided to set up a GoM to examine uniform policies on imposition of cess in case of a natural calamity/disaster in a particular state. In the ...

Further discussions will take place in the next GST Council meeting to address crucial aspects, including rate reductions, slab restructuring and overall rationalisation. Responding to concerns ...

The Goods and Services Tax (GST) Council is considering reducing tax rates on certain items to stimulate consumption while balancing revenue needs, Mint reported, citing sources familiar with the ...

Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further ... "We'll take it to the next council (meeting). We are very close to coming to a final call on some ...