Thursday, Jan 28, 2021 | Last Update : 04:31 PM IST

GST Council Page-2

Sitharaman's first GST Council meet to decide on NAA extension

The Council is likely to discuss a mechanism for single point sanctioning and processing GST refunds.

20 Jun 2019 1:57 PM

GST council to introduce new GST return system

A transition plan has been worked out, said an official release on 31st meeting of GST Council, said an official release.

11 Jun 2019 3:38 PM

Pre-Budget consultations; Sitharaman to meet economists, industry chambers

The state finance ministers are also expected to give their suggestions for Budget 2019-20.

09 Jun 2019 11:59 AM

GST Council to meet soon, may fix Rs 50 cr turnover threshold for e-invoice under GST

The turnover threshold for entities to generate e-invoice for B2B sales is likely to be fixed at Rs 50 crore if the GST Council agrees.

09 Jun 2019 11:39 AM

GST Council may consider national bench of AAAR next month

Industry is of the view that since both the AAR and AAAR only have tax officers as members.

19 May 2019 12:03 PM

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Govt extends last date for filing final sales return for March till Apr 13

The GST Council also needs to have a 'Plan-B' for a swift and smooth GST compliance network.

11 Apr 2019 8:47 AM

Realtors have time till May 10 to opt for old GST rates

CBIC has issued a notification giving real estate companies a one-time option to choose either of the tax rates.

02 Apr 2019 7:50 PM

Roll-out of new, simplified GST return forms deferred

The new forms would be made available once they are notified and the software is ready.

31 Mar 2019 11:53 AM

GST Council-like institutions needed for healthcare, rural development: Jaitley

I think a body like the GST Council, as a federal institution can do that job (coordination), said Arun Jaitley.

20 Mar 2019 3:44 PM

Flexible GST rates for realty

GST Council today has approved transition plan for the new rate structure for real estate residential projects.

20 Mar 2019 1:51 AM

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GST Council approves transition plan for new tax rates for real estate sector

Council had in its last meeting on Feb 24, slashed tax rates for under-construction flats in affordable category to 1 pc.

19 Mar 2019 2:13 PM

GST Council to consider implementation of lower GST rates for realty sector

GST collections in February dropped to Rs 97,247 crore from Rs 1.02 lakh crore in the previous month.

18 Mar 2019 2:44 PM

EC gives go-ahead to GST Council meeting on March 19

The nod from the Election Commission was required as the Model Code of Conduct has been in force since Sunday.

13 Mar 2019 5:32 PM

GST officials detect tax fraud of Rs 224 crore by 8 companies

The fake invoices generated by them involved about Rs 1,289 crore of value and input tax credit of about Rs 224 crore.

13 Mar 2019 12:07 PM

FinMin notifies Apr 1 as date for increased GST exemption limit, composition scheme

Implementation of proposals with higher turnover limit for composition schemes, would enhance ease of doing business, said EY India's Jain.

08 Mar 2019 11:24 AM

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Builders may pass on input tax to buyers

Affordable home prices may be raised by 2-3%.

05 Mar 2019 2:35 AM

DLF's sales bookings to jump over two-fold to Rs 2,400 cr this fiscal

DLF's net profit stood at Rs 4,091.27 crore in the year ago period.

03 Mar 2019 1:44 PM

GST reforms to boost realty demand: developers

To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax rates for under-construction flats.

28 Feb 2019 5:02 PM

Govt detects Rs 20,000 cr GST evasion in April-Feb FY'19

The GST Council, chaired by FM Jaitley decided to cut tax rates on under-construction apartments to five and one per cent, respectively.

27 Feb 2019 2:34 PM

Reduced tax rate for real estate to bolster consumer sentiments: ICRA

GST Council in its meeting recommended reduction in GST rate on under-construction residential properties to 1 per cent.

27 Feb 2019 10:24 AM

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