Gst Council Meet

GST Council Decides To Reduce Rate On Electric Vehicles To 5% From August 1

Business | NDTV Profit Team | Saturday July 27, 2019

The GST or Goods and Services Tax Council on Saturday decided to reduce the rates applicable to electric vehicles (EVs) and the chargers used for such vehicles. In a statement released after the conclusion of its 36th meeting, the GST Council said it had decided to revise the rates applicable to electric vehicles and electric vehicle chargers to 5 ...

Nirmala Sitharaman-Led GST Council To Consider Tax Cut On Electric Vehicles

Business | Press Trust of India | Thursday June 20, 2019

To give a push to manufacturing electric vehicles, the Council will consider slashing GST rates to 5 per cent from 12 per cent

GST Council Approves Transition Plan For New Tax Rates For Housing Units

Business | Press Trust of India | Tuesday March 19, 2019

The Council had in its last meeting on February 24, slashed tax rates for under-construction flats in affordable category to 1 per cent.

Election Commission Approves GST Council Meeting On March 19

India News | Press Trust of India | Wednesday March 13, 2019

The Election Commission has given approval for holding the upcoming GST Council meeting on March 19 to consider various issues including the implementation of lower GST rates for the real estate sector.

GST Council Cuts Rate On Under Construction Flats To 5%

Business | Press Tust of India | Sunday February 24, 2019

GST Council meet: The Council also cut GST rates on affordable housing to 1 per cent from the current 8 per cent.

In Win For Home-Buyers, Centre Cuts Tax On New Houses Ahead Of Polls

India News | Reported by Alisha Sachdeva, Edited by Divyanshu Dutta Roy | Sunday February 24, 2019

The centre has announced major cuts in the Goods and Services Tax charged on the sale of under construction residential properties - a move that's certain to find favour with middle class voters ahead of the coming elections.

GST Council Extends Return Filing Date, Defers Decision On Realty Tax

Business | Press Trust of India | Wednesday February 20, 2019

The GST Council has deferred a decision on tax rates on real estate and lottery till Sunday.

In Letter To Arun Jaitley, Manish Sisodia Seeks Postponement Of GST Meet

India News | Press Trust of India | Tuesday February 19, 2019

Delhi Deputy Chief Minister Manish Sisodia on Tuesday wrote to Union Finance Minister Arun Jaitley, demanding postponement of GST Council meeting to be held through video-conference on Wednesday.

Arun Jaitley Rules Out GST Rate Cuts Until Revenues Improve: 10 Things To Know

Business | NDTV Profit Team | Thursday January 10, 2019

Finance Minister Arun Jaitley on Thursday announced a series of measures under Goods and Services Tax (GST) to boost small businesses, while ruling out any more cuts under the indirect tax system until revenues improve. The decision to hold rate cuts under GST comes in the backdrop of shrinking collections under the indirect tax. "We will consider ...

32-Inch TVs, Movie Tickets Get Cheaper; 7 Items Moved From 28% GST Rate

Business | NDTV Profit Team | Saturday December 22, 2018

The Goods and Services Tax (GST) Council on Saturday removed seven items from the 28 per cent tax bracket. While six items, such as monitors and TVs up to 32 inches, digital cameras and video game consoles, were shifted from the tax slab of 28 per cent to 18 per cent, one - parts and accessories for carriages for people with disabilities - was move...

GST Council Meeting Highlights: Movie Tickets, Video Games To Be Cheaper, Says Arun Jaitley

India News | edited by Arun Nair, Anuj Pant | Saturday December 22, 2018

The Goods and Services Tax (GST) Council on Saturday cut rates of 33 items from 18 per cent to 12 per cent and 5 per cent, Puducherry Chief Minister V Narayanasamy said, following a meeting chaired by Finance Minister Arun Jaitley. The meeting at Vigyan Bhawan was attended by finance ministers all the states.

GST Council Meets To Consider New Tax For Kerala Flood, Future Calamities

India News | Press Trust of India | Friday September 28, 2018

GST Council, the highest decision making body of the Goods and Services Tax regime, today decided to set up a seven-member group of ministers to suggest on cess demand for Kerala flood rehabilitation.

No GST On Petrol, Diesel In Near Future As Centre, States Not In Favour

PTI | Wednesday August 22, 2018

The Union finance ministry has not mooted any proposal to bring petrol and diesel or even natural gas under GST but took up the issue at the last GST Council meeting on August 4 based on media reports.

GST Cashback On Payment Done Via BHIM, RuPay To Be Tested

Business | Press Trust of India | Saturday August 4, 2018

The GST Council in its meeting today also decided to set up a Group of Ministers (GoM) to look into the issues of the MSME sector.

Only 35 Goods, Including Air Conditioners, Remain In Highest GST Bracket

India News | Press Trust of India | Sunday July 22, 2018

The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs digital cameras, video recorders, dishwashing machine and automobiles, in the highest tax bracket.