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Search results for: GST council

GST Council Vice-Chairman Post

Indian States Raise Voice to Fill GST Council Vice-Chairman Post

GST Council will conduct a meeting this month, it is expected to be focused on Compensation to States but it is also set to air concerns of inadequate representation and review of the indirect tax regime These types of taxes paid on Consumption by the consumer but they do not pay directly to the government […]

All Updates of 40th GST Council Meeting

Read 40th GST council meeting, via video conferencing to phase out all the pending issues of before and after corona lockdown and certain industry aspects that have come to a heating point due to the pandemic calamities across the country. Check out the latest GST council updates as per direct official sources here at blog.saginfotech.com […]

Federation of Indian Chambers of Commerce & Industry

39th GST Council Decisions Welcomed: FICCI President

The GST Council, headed by Finance Minister Nirmala Sithraman, on Saturday announced that it is exempting a particular number of registered persons from capturing dynamic QR code or issuing e-invoices. Additionally, the council extended the due date for the same to October 1, 2020, for the remaining persons. The President of FICCI, Dr. Sangita Reddy […]

Correction in Duty Structures

GST Council Likely to Discuss Correction in Duty Structures

There is a possibility of a hike in the rates of certain finished goods with the arrival of the government’s amended duty structure on them as per which finished goods attract lower rates than the raw materials. The amended provisions could affect mobile phones, textiles and a few other goods categories. The government is already […]

GST e-Invoicing Mandatory Date

GST Council Meeting to Fix E-Invoicing Mandatory Date for Companies

Taxpayers can expect a delay in the implementation of the e-invoice under the GST mechanism as the government is intending to postpone the event to 1 July 2020. Discussions for the same will be held in the upcoming 39th GST council meeting As per the sources, the next upcoming 39th GST council meet will discuss […]

39th GST Council Meeting

All Updates of 39th GST Council Meeting – Annual Return, Mobile Rate & More

The 39th GST Council meeting has been concluded on 14th March 2020 in New Delhi in the chairmanship of Union finance minister Nirmala Sitharaman and other panel ministers. The GST Council has taken some of the firm decisions based on the requirement of the market. Also, the Infosys which is the main developer of the […]

Energy Sector Learn from GST Council

Energy Sector Should Learn from GST Council Experience: Former FM

The current ruling needs to stress the misfortune caused to India due to world politics. For instance, chaos in West Asia or any other oil fertile nation of the world will directly affect the oil supply in the consuming nations like India, leaving the country depressed with the burden of oil requirements for its natives. […]

Nine Point to GST Fraud Refund Claims

GST Council Finalises Nine-Pointer Plan to Curb Fraud Refund Claims

State and Central GST chief commissioners finalized a nine-point plan to nose-dive the revenue leakages under the goods and services tax mechanism, in a meeting that was held on Tuesday under the chairmanship of revenue secretary Ajay Bhushan Pandey. This action plan will include a standard procedure formulated by Centre and State level tax officials […]

New registrations by taxpayers Under verification

GST Council Verifying New Registrations by Taxpayers

On Monday, 23rd December 2019, Sushil Kumar Modi Bihar Deputy Chief Minister and the convenor of Group of Ministers (GoM) on integrated GST stated that- ” The Goods and Services Tax (GST) Council is examining the validity of 66.79 lakh new registrations.” In a conversation with reporters after the meeting of the Group of Ministers, […]

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