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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.
The upcoming 30th GST council meeting is scheduled to be held on 30th September in Goa.
The agenda for the 27th meeting of the GST Council on 4th May 2018 has been set. The primary agenda that would occupy a major part of the discussions is the simplification of return filing process.
Gst council meeting is scheduled on Saturday to have to the discussion over the two important topics- the successful implementation of the e-way bill and the lower collection of goods and service tax(GST) under the composite scheme.
At a recently held meeting of a group of a minister (GoM) which was created to resolve the issues and implement the goods and services tax in a better manner recommended some suggestion for the eway bill under GST.
In the upcoming 26th, GST council meeting which is to be held soon may not see any inclusion of real estate within the GST scheme as many of the states is not ready to give up the stamp duty revenue which is garnered in a huge number.
A five-member GoM meeting, including Assam finance minister Himanta Biswa Sarma, Jammu and Kashmir finance minister Haseeb Drabu, Bihar deputy chief minister Sushil Kumar Modi, Punjab finance minister Manpreet Singh Badal and Chhattisgarh commercial taxes minister Amar Agrawal, was set up on Sunday
Find all the latest updates on GST council meetings held after the implementation of goods and services tax. The latest 31st GST council decides about GST new return filing system, GSTR forms revisions, GoM meeting along with GST slab rate reduction.
It is now in the hands of GST council and all the Group of Minister (GoM) to decide the further sequence of tax refunds of Integrated goods and services tax.
