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The suggested GST rate cut on the under-construction houses from 12% to 5% without availing the input tax credit has been appreciated by the developers who think it will boost the demand of the real estate industry.

The GST Council is discussing upon to provide tax relief to the housing sector to promote the demand of the industry. But, the Council is concerned about that at a large scale builders are doing tax evasion so the tax relief framework must be structured in such a manner so that the builders would not do tax evasion.

The Delhi Court recently send notifications to the GST Council, the department of revenue, national anti-profiteering authority (NAA), Central Board of Indirect Taxes and Customs (CBIC) in a serious concern as fine is being imposed by NAA in opposition to one of the leading detergent company in Delhi.

Bilaspur, Chhattisgarh, the GST lessons for the first time has been included in the syllabus of the students as the State Government has felt the requirement of the GST lessons to be given to the students as beginners.

GST Council has from always been an Institution known not just for ensuring the better implementation of GST in the country but also had stood strong on the anti-evasion measures.

The Goods and Services Tax Appellate Tribunal (GSTAT) has been introduced by the council to address the issues relating to the complicated regime

As per the government reports, the central government has till now collected a staggering amount of INR 4,172.44 crore as late fees for missing GST return filings by the taxpayers.

According to the media report, it is being observed that Tamil Nadu is one of the states in India which has received good revenue collection for the first time after the 18 months of GST implementation.

Through a recent decision, the GST Council has reduced the Tax on third-party motor insurance for commercial vehicles from 18 percent to 12 percent.