GST Council asserts mere holding of shares in subsidiaries exempt from tax
The GST Council has laid to the rest the thorny issue of taxing shares held by holding companies in their …
GST
Cinema industry welcomes cutting GST rates on food served in movie theatres
Multiplex operators on Tuesday welcomed the GST Council’s decision to lower the tax rates on the food and beverages sold …
GST shocker for MUVs, online gaming, casinos
All kinds of multi-utility vehicles (MUVs) with length exceeding 4 metres, engine capacity of over 1,500cc, and more than 170mm …
50th GST council meeting Press Release Dated 11 July 2023
Below are major outcomes of GST council meeting GST Council approves rate reduction on 4 items: Online gaming, horse racing …
In 50th GST council Meeting – Stamp and Video Release
On the occasion of the 50th meeting of the GST Council, Union Finance Minister Smt. Nirmala Sitharaman releases a Special …
Public health groups urge GST Council to raise cess on tobacco products
Public health groups along with doctors and economists have urged the Goods and Services Tax Council to increase compensation cess …
50th GST Council meet underway, taxation on online gaming on agenda
The 50th GST Council meeting started on Tuesday and is likely to deliberate on a host of issues including taxation …
New GST rules on anvil, Businesses may have to explain discrepancy in ITC claims
The GST Council is likely to decide on a new rule in GST law under which businesses would be required …
GST Council to clarify on TCS liability of e-commerce suppliers on ONDC
The GST Council on July 11 is expected to clarify on the TCS liability of suppliers engaged in e-commerce trading …
GSTN (Goods & Services Tax Network) brings under PMLA
As per Notification under section 66 of PMLA, 2002 Dated 7 July 2023, Government brings GSTN under PMLA (Prevention of …
