GST Council Proposes Amendment in CGST Act to Insert Definition of Local Fund and Municipal Fund

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today (21st December 2024) at Jaisalmer, Rajasthan. The council proposed an amendment in the Central Goods…

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GST Council Proposes Amendment in Provision of ISD Mechanism under CGST Act, 2017 and CGST Rules , 2017

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today (21st December 2024) at Jaisalmer, Rajasthan. The council recommended amendment in provisions pertaining to the…

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Caramelized Popcorn with added Sugars have to be treated differently from Salted ( Namkeen ) Popcorn: FM

The Finance Minister of our country, while addressing the press this evening, clarified that caramelized popcorn and salted popcorn are to be treated differently for the purpose of calculating GST.…

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GST Council Acts on Safari Retreats Case: Retrospective Amendment Proposed for Drafting Error on S. 17(5) in GST Act

The GST Council has proposed a retrospective amendment to the Goods and Services Tax (GST) Act to address the implications of the Supreme Court’s landmark judgment in the Safari Retreats…

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Relief for Taxpayers: GST Council proposes Late Fee Waiver for GSTR-9C Filing by March 31, 2025

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today (21st December 2024) at Jaisalmer, Rajasthan. The GST Council suggests waiving the late fee for…

Continue ReadingRelief for Taxpayers: GST Council proposes Late Fee Waiver for GSTR-9C Filing by March 31, 2025

GST Council Reviews Procedural Rules for GSTAT Functioning, Awaits Law Committee Examination

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today (21st December 2024) in Jaisalmer, Rajasthan. During the 55th GST Council, the procedural rules for…

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