The Election Commission has shown a green light for conducting the 34th GST council meeting on March 19 to confer multiple issues via video conferencing.
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The Election Commission has shown a green light for conducting the 34th GST council meeting on March 19 to confer multiple issues via video conferencing.
The GST council 34th meeting has been scheduled on 19th March to discuss & wrap up the final decisions regarding the alteration in the GST rate as determined in the last meeting.
The next 34th GST council meeting has been scheduled to be organized on 19th March which is also ought to be unique with a union meeting going to conducted in election code of conduct.
In the recent 34th GST council meeting there were a lot of changes brought into the real estate sector regarding the rate cut over under construction properties. However, the finance minister has assured that the next meeting agenda would be cement rate reduction.
In the recent 33rd, GST council meeting which was held on 24th Feb 2019 took some important decisions based on the inputs given by many of the industry experts and GoM.
A few days back, GST Council held the 32nd meeting in which it was said that the GST threshold has been doubled from 20 lakh to 40 lakh annually to help small businesses and the state government can take their decision on it.
The Finance Minister of Andhra Pradesh Yanamala Ramakrishnudu showed his worry about the decision taken by GST (Goods and Services Tax) Council by choosing the agenda items without discussing with the state government.
32nd GST council meeting latest updates coming directly from major resources under which decisions on some major points including the GST threshold limit, GST rate fixed for composition scheme taxpayers along with annual return filing process., Prime minister request over bringing the energy sector into the GST.
The 31st GST council meeting held on 22nd December 2018 has taken some key decisions over the GST return forms and highest GST slab rate. The items coming under the 28% GST slab rate basically includes the common man’s items which were earlier in the news for a rate reduction.