Recommendations of the 42nd GST Council Meeting The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs…
Key Decision and Recommendations of 40th GST Council Meeting GSTR-3B for May, June and July 2020 for small taxpayers Relief for small taxpayers (aggregate turnover uptoRs. 5 crore) | GSTR-3B for May, June and July, 2020 Waiver of late fees and interest if the returns…
Amid pressure on tax collection, the all powerful GST Council meeting is likely to be held on June 14, the first such meeting after the outbreak of COVID-19 pandemic. Tax collection has been hit due to lockdown imposed since March 25 to contain the spread…
The Goods and Services Tax Council is likely to meet in mid-June after repeated demands from States anxious for their GST compensation dues which have been pending since December. However, information on GST revenue since March — which is likely to see a sharp fall…
Taxability in GST and Service Tax Services proved by the Government to business entities including by way of grant of privileges, licences, mining rights, natural resources such as spectrum etc. against payment of consideration in the form of fee, royalty etc. are taxable under…