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GST COUNCIL EXTENSION
CII proposes comprehensive reforms to streamline industrial land access in IndiaThe Confederation of Indian Industry has presented a plan to fix issues in India's industrial land system. This aims to boost manufacturing...- Compensation cess: GoM may seek more time to submit reportA group of ministers (GoM) will likely request the GST Council to extend the December 31 deadline for their report on compensation cess by ...
- GoM may seek extension to conclude discussions and submit findings on compensation cessA Group of Ministers (GoM) may seek a three-month extension to conclude discussions on the future of the GST compensation cess beyond March...
- Petitions pile up as GST notices come after 3 years of returns filingMany businesses, who were served with goods and services tax (GST) notices in December 2023 and January of this year following the extensio...
- Govt extends deadline for filing September GST return till October 21The government has extended the deadline for filing GST returns for the month of September by a day to October 21, the CBIC said on Friday....
- Basavaraj Bommai confident about GST compensation, Siddaramaiah says its denial will cost Rs 20,000 crore to KarnatakaKarnataka has been at the forefront among the states in seeking an extension of GST compensation on grounds that its tax revenues have not ...
- 12 states seek at least two-year extension for GST compensationGST, which on Thursday completes five years of its roll out, subsumed 17 central and state levies. Under the regime, states were promised c...
- Extension of GST compensation needed for growth: Bengal minister"We said that extension of compensation is required to support growth which is echoed by certain BJP-ruled states as well. If that is not e...
- GST Council defers tax on casinos, lottery; no decision on extending GST compensation to statesThe GST Council deferred the decision on levying a 28% tax on casinos, online gaming, horse racing and lottery pending more consultations w...
- GST Council meet: Compensation issue, tax on online gaming, tax exemption list top on agenda todayThe GST Council, headed by Union finance minister Nirmala Sitharaman and comprising representatives of all states and UTs, is meeting after...
- Government notifies GST compensation cess extension to March 2026GST Compensation Cess is levied by the Goods and Services Tax (Compensation to States) Act 2017. The object of levying this cess is to comp...
- Many states request GST compensation extension beyond 5 years: FM Nirmala SitharamanThe shortfall is calculated assuming a 14 per cent annual growth in GST collections by states over the base year of 2015-16. The 5-year per...
- Many states likely to seek extension of GST compensation beyond 2022Finance minister Nirmala Sitharaman said on Friday that till 2026 compensation cess will be used to pay for back-to-back loans of ₹2.69 lak...
- Will petrol and diesel come under GST? Council to take call in first in-person meeting since start of pandemicThe GST council may decided today on a range of topics including whether to include petroleum products under GST ambit which will significa...
- GST Meet: Karnataka to seek tax relief on Covid related items“We will request for a reduction in GST rates on these items, not complete waiver of taxes,” Home Minister Basavaraj Bommai, who represents...
- GST Council to discuss waiver of late fee for August 2017 to January 2020 in next meetingThe issue of waiver of late fee for Goods and Services Tax (GST) for the past period (August 2017- January 2020) will be taken up in the ne...
- GST Council to discuss waiver of late fee for August 2017 to January 2020In a tweet, the Central Board of Indirect Taxes and Customs (CBIC) said, "Issue of GST late fee for the past period (August 2017 to January...
- Right time to expand GST coverage to all sectors; converge tax slabs: India IncThe all-powerful GST Council Friday extended the tenure of the anti-profiteering authority by two years and approved imposing a penalty of ...
- GST Council may give 1-year extension to anti-profiteering authorityThe NAA is keen for a two-year extension, the official said, adding the final call will be taken by the GST Council in its meeting on June ...
- Timeline for filing of tax returns extended by two monthsFollowing concerns raised by the trade and industry, the GST Council said that taxpayers need to file only simple returns comprising a summ...
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