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GOM MEETING ON GST
State finance ministers' panel discusses ways to curb ITC frauds, sector-specific tax evasionA panel of state finance ministers convened to address the escalating issue of tax evasion, particularly concerning Input Tax Credit (ITC) ...
Cigarettes, tobacco items, aerated beverages may attract higher 35% GST; decision on Dec 21Tobacco GST Hike: The Group of Ministers on GST rate rationalisation decided to increase tax on aerated beverages, cigarettes, and tobacco ...
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...
GST Council to hold 55th meet on December 21 in Jaisalmer, RajasthanUnion Finance Minister Nirmala Sitharaman will meet her state counterparts on December 21 in Jaisalmer, Rajasthan, for the 55th GST Council...
Budget 2025: Nirmala Sitharaman to meet state FMs for pre-Budget, GST Council meet on Dec 21-22Finance Minister Nirmala Sitharaman is set to meet with state counterparts on December 21-22 for pre-budget discussions and a GST Council m...
Tax on 100 items to be slashed? GST's rate rationalisation panel to decide next monthThe GoM on GST rate rationalisation has discussed potential tax rate changes on over 100 items, including reducing taxes on some goods from...
GoM on GST rates favours retaining 4-slab structureThe Group of Ministers (GoM), after a meeting here on Thursday, tasked a committee of tax officials to look into the implication of carryin...
GST Council needs to reconstitute three GoMs as new ministers from 11 states joinFinance Minister Nirmala Sitharaman has said that in the 53rd GST Council meeting on Saturday, there were 11 new ministers from Andhra Prad...
28% GST on online games only when winning depends on certain outcome, says CBIC ChiefWith the recent GST Council meet not bringing up the Group of Ministers (GoM) report on online gaming, the department has said it would go ...
GoM report on appellate tribunals, decriminalising of GST law top agenda of 48th GST Council meetThe Group of Minister's (GoM) report on setting up appellate tribunals to hear disputes, and decriminalisation of GST law will be the key a...
GoM on casinos, online gaming, horse racing to submit report to FM Nirmala in a day or two: SourcesRegarding casinos, the GoM had recommended that the tax should be levied on the full face value of the chips/coins purchased from a casino ...
GoM for peak 28% GST only on betting component of online gaming, casinosGoa had opposed GoM's earlier recommendation and wanted that the 28% GST be levied only on the betting amount and not the full spend at a c...
GoM suggests no change in GST rate on online gaming, sticks to 28% recommendationThe 47th GST Council meeting, chaired by finance minister Nirmala Sitharaman, had last month decided to constitute a GoM to address various...
GoM on GST levy on casinos, online gaming to meet on July 12Addressing a conference on GST organised by Federation of Indian Chambers of Commerce & Industry (FICCI), Uttar Pradesh finance minister Su...
Group of Ministers may not tweak 28% GST on online gaming, casinosCurrently, GST of 18% is levied on casinos, horse racing and online games where no betting or gambling is involved. The rate is 28% for onl...
Ministers meet on GST rationalisation fails to reach consensusThe seven-member ministerial group led by Karnataka chief minister Basavaraj Bommai met online to examine various options for changing tax ...
GST Council: No change in tax on vaccines, other Covid-related items like oximeters, concentrators see reductionGST Council cut tax rate from 12% to 5% on medical grade oxygen, BiPaP machines, oxygen concentrators, ventilators, pulse oximeter
GST Council to meet on June 12 to discuss tax cut on COVID essentials, black fungus medicineIn the previous meeting on May 28, the Council, which has state ministers as members, a Group of Ministers (GoM) was set up to recommend ta...
GoM suggests cut in GST on Covid relief material to 5 per centThe GoM, headed by Meghalaya chief minister Conrad Sangma, has suggested reduction in GST rates of Covid relief material to 5% on items inc...
'Many issues on GSTN sorted, effort on to make it hassle free'The GoM will meet next on October 28 to review the actions taken to make the filing of GST process smooth. This will be the third meeting o...