• 

  Petrol, diesel prices and food delivery apps - What will be on agenda of GST Council meet today

  Business | September 17, 2021 12:11 IST

  The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review tax rate of over four-dozen items.

• 

  GST Council meeting in Lucknow on Friday

  Business | September 16, 2021 14:39 IST

  Nirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow on Friday.

• 

  GST council slashes tax on oximeters, hand sanitisers, Covid testing kits

  Business | June 12, 2021 16:46 IST

  The GST Council on Saturday slashed the tax rate on coronavirus medicines such as Remdesivir and equipment like oxygen concentrators and medical grade oxygen.

• 

  GST Council may decide on IGST levy on oxygen concentrators imported for personal use on May 28

  Business | May 23, 2021 14:27 IST

  The Delhi HC last week said that imposition of 12% IGST on oxygen concentrators for personal use or those received as gifts is 'unconstitutional'

• 

  Why is your CM mortgaging your future for Modi: Rahul Gandhi to people on GST compensation

  India | October 12, 2020 11:49 IST

  In August, the Centre gave two options to the states to borrow either Rs 97,000 crore from a special window facilitated by the Reserve Bank of India or Rs 2.35 lakh crore from the market. It had also proposed extending the compensation cess levied on luxury, demerit and sin goods beyond 2022 to repay the borrowing.

• 

  GST Council meet today to discuss compensation issue

  Business | October 12, 2020 9:54 IST

  As the GST compensation cess issue still remains unresolved with around 10 opposition-ruled states and Union Territories not agreeing with the Centre's borrowing proposals, the GST Council, consisting of all state Finance Ministers and headed by the Union Finance Minister, will meet today to discuss and try to reach to a consensus on the matter.

• 

  Surcharge on cars, tobacco extended beyond June 2022

  Business | October 05, 2020 22:52 IST

  The GST Council on Monday decided to extend the surcharge on taxes over luxury goods such as cars, and tobacco products beyond June 2022.

• 

  States to be given two options on meeting compensation gap: Centre after GST council meet

  Business | August 27, 2020 17:27 IST

  Finance Secretary Ajay Bhushan Pandey who attended the 41st GST Council Meet on the agenda of making up for shortfall in states’ revenues amid the pandemic, said that the Attorney General's clear opinion was that compensation gap cannot be met from India's consolidated fund and provided two options.

• 

  GST Council to meet on August 27 to discuss compensation payout to states

  Business | August 19, 2020 18:35 IST

  Sources said the 41st meeting of the Goods and Services Tax (GST) Council would be a single agenda meeting on states' compensation to be held via video conferencing.

• 

  GST council may extend compensation cess levy beyond 5 years

  Business | May 21, 2020 14:40 IST

  Under the GST law, states are guaranteed full compensation for any revenue loss for the first five years after the introduction of the goods and services tax (GST) in July 2017.

• 

  GST Council discuss coronavirus impact on economy

  Business | March 14, 2020 22:08 IST

  The GST Council on Saturday discussed the impact of coronavirus on the economy, Finance Minister Nirmala Sitharaman said.

Advertisement
• 

  GST Council fixes 28% uniform tax rate for lottery

  Business | December 18, 2019 21:05 IST

  ​The GST Council on Wednesday fixed a uniform tax rate of 28 per cent on both state and private lottery. Briefing reporters after the 38th meeting of the Council, Revenue Secretary Ajay Bhushan Pandey said the new rate for lottery will come into effect from March 2020.  

• 

  Aadhaar may be made 'mandatory' for claiming GST refunds: Sitharaman

  Business | September 20, 2019 23:39 IST

  The Goods and Services Tax Council chaired by Union Finance Minister Nirmala Sitharaman on Friday took an in-principle decision to link Aadhaar with registration of taxpayers under the GST and examine the possibility of making Aadhaar mandatory for claiming refunds.

• 

  GST Council meets next Friday; tax rate cut to hinge on revenue position

  Business | September 13, 2019 18:58 IST

  The all-powerful GST Council will at its Goa meeting next week consider demands for reducing taxes on products ranging from cars to biscuits keeping in mind the revenue position as any cut will have a direct impact on earnings of states, a senior government official has said.

• 

  GST Council cuts tax rate on electrical vehicles, chargers to 5 per cent

  Business | July 27, 2019 13:42 IST

  GST Council meet concluded on Saturday with a decision to reduce GST rates on electric vehicles and charges. The GST Council has decided to reduce GST rate on electrical vehicles from 12 per cent to 5 per cent. The council has also approved an exemption from GST on hiring of electric buses by the local authorities.

• 

  GST Council to decide on tax cut on Electric Vehicles this week

  India | July 21, 2019 17:06 IST

  The 36th meeting of the Council, which will happen through video conferencing, is also likely to decide the valuation of goods and services in solar power generating systems and wind turbine projects for the purposes of levying GST.

• 

  15th finance panel stresses on dialogue with GST council

  India | June 25, 2019 20:28 IST

  Finance Commission Chairman N K Singh Tuesday stressed the need for a dialogue between the commission and Goods and Services Tax (GST) council to address various concerns on the taxation regime.

• 

  'GST Council to consider reducing tax on electric vehicles'

  Business | June 24, 2019 13:20 IST

  "The matter has been placed before the GST Council and will be considered. As of now, it is pending before the council," Anurag Thakur said.

• 

  GST Council Meeting: Single return for all businesses from January 1, 2020

  India | June 21, 2019 20:07 IST

  Briefing reporters after the 35th meeting of the Council, Revenue Secretary A B Pandey said it has been decided to allow the use of Aadhaar by businesses to register with GST-Network.

• 

  PM Modi's interview on GST: 'Is Rahul Gandhi 'abusing' Congress leaders by slamming GST?'

  India | January 01, 2019 23:44 IST

  In an interview to ANI, Modi emphasised that GST is a new system that is bringing about a "big transformation" and is driven technologically.