"The decision on imposing distinct taxes for food delivery, quick commerce, and platform services has been deferred. Despite ...
During the 55th meeting of the GST Council, important decisions were revealed by Union Finance Minister Nirmala Sitharaman to ...
Items Becoming Costlier: Used Vehicles (Including EVs): GST raised from 12% to 18% on the sale of used vehicles, excluding ...
The 55th GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman ...
Among other changes in rates, the council has extended the concessional 5% GST rate on food inputs that are supplied for food preparations intended for free distribution to economically weaker ...
The Supreme Court held that Section 17 (5) (d) should be interpreted in alignment with the GST law’s purpose of avoiding the cascading effect of taxes. It was held that the section was intended to ...
New Delhi The 55th Goods and Services Tax (GST) council meeting has sparked a major discussion around changes proposed by ...
Caramelised Popcorn The GST rate on caramelised popcorn will remain at 18%. However, ready-to-eat popcorn mixed with salt and spices will attract a 5% GST if not pre-packaged and labelled, and a 12% ...
Vouchers: The GST Council has recommended no GST on the transaction in vouchers as they have been classified neither as a ...
After several key recommendations during the 55th GST Council meeting prices of various goods and services are likely to fluctuate.
The 55th GST Council meeting led by Finance Minister Nirmala Sitharaman was conducted in Jaisalmer, Rajasthan, on Satur1, ...