The 53rd GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, brought several key decisions aimed at easing compliance and reducing tax litigation. The council recommended waiving interest and penalties for demand notices issued under Section 73 of the CGST Act for the fiscal years 2017-18 and 2018-19. Additionally, the council proposed a uniform GST rate of 12% on milk cans, carton boxes, and solar cookers. Services provided by Indian Railways, including platform tickets, will be exempted from GST. To combat fake invoicing, biometric-based Aadhaar authentication will be rolled out nationwide. The council also extended the time limit for small taxpayers to furnish details and returns in form GSTR 4 to June 30. Hostel accommodation worth up to βΉ20,000 a month will be exempted from GST. Furthermore, the central government expressed its intent to include petrol and diesel under GST, pending state agreement. The council resolved to reconvene in August.
The 53rd GST Council in its meeting, on June 22, approved several compliance measures, aiming at reducing tax litigation and enhancing ease of business across the sectors. Watch the video to find out the top highlights: https://t.co/5fyQCST6Le #gst #business #tax https://t.co/jEA5zGYzki
[#InGraphics] #GSTCouncilβs new steps to simplify #tax processes https://t.co/tB0wN810Kn
'No tax...' - This is how 53rd GST Council Meeting brought BIG relief to insurance sector https://t.co/YxP58ZKO5d
Modi Sarkar 3.0 decisions in GST Council brings major relief to businessmen & taxpayers! Modi Sarkar 3.0 takes important decisions in its 53rd GST Council meeting. The government reduces the burden of compliance and improves trade facilitation, which benefits taxpayers and⦠https://t.co/mgJVLxjL7r
Watch: "The GST council made several recommendations. The government is going to issue a notification relating to a longer timeline for filing appeals against the orders that have been passed. It is a tax-friendly measure" says Ranjeet Mahtani, Partner, Dhruva Advisors https://t.co/f9ILaZhx9z
BIG NEWS π¨ FM Nirmala Sitharaman announces that Central Govt is ready to bring petrol & diesel under GST π₯π₯ She said "It is up to the states to decide, come together and get petrol and diesel into GST" "Once the states agree, they have to decide on the rate of taxation inβ¦ https://t.co/Yo0CHgM5HI
ππ¨ππ’ π.π! 53rd GST Council meeting brings major relief for businessmen and taxpayers. Hereβs howβ¬οΈ https://t.co/kFnjLYpZ7M
Watch: "The opposition wants GST to be imposed on petrol and diesel prices. If GST is applied, the prices of petrol and diesel will be halfed. The question is, what do the BJP-led state governments want? Can they make any decision without the Prime Minister and RSS chief Mohan⦠https://t.co/YJsgPbzedT
Here are the reforms unveiled by GST Council to ease compliance burden and reduce litigation https://t.co/zUYUzpwiV1
53rd GST Council Meeting Highlights: All Major Decisions You Need To Know @mdherris https://t.co/QRvaRTXCHi
Indian Travellers Ecstatic: GST Exemption Granted To Platform Tickets & Essential Rail Services Full Video: https://t.co/Ct4sXZOMNM . . . #nirmalasitharaman #gstcouncilmeet #latestnews #BreakingNews #RepublicTV #RepublicTVLive https://t.co/qCoePtsib6
#GSTCouncil exempts railway services including platform tickets from Goods and Services Tax.
#GSTCouncilMeet | "Council recommended to prescribe 12% GST on all solar cookers whether it has single or dual energy source," says Union Finance Minister @nsitharaman at 53rd GST Council Meet.
To facilitate GST registration, Aadhaar biometric authentication is mandatory for new registrations across the country, recommends GST Council @ajayddnews | #GSTCouncilDecisions @theicai @vedjainca https://t.co/CzUlXZo0Tv
#GSTCouncilMeet | "Council recommended to prescribe 12% GST on all solar cookers whether it has single or dual energy source," says Union Finance Minister @nsitharaman at 53rd GST Council Meet. #GST #NirmalaSitharaman #GSTCouncil | @nsitharamanoffc https://t.co/I9b97eGWFX
Meeting after almost nine months, the GST Council on Saturday approved measures to ease compliance for small businesses, exempted hostel accommodation worth up to βΉ20,000 a month as well as Railway services, and resolved to reconvene in August. https://t.co/srdJm7Je5G
#GST Council proposes interest, #penalty #waiver on #tax dues https://t.co/zoBjmIDtjr
Big Changes Ahead? FM Nirmala Sitharaman Reveals Govt's Stance on Levying GST on Petrol, Diesel https://t.co/e5a4XnqhZ7
#GSTCouncilMeet | "To help small taxpayers, Council recommended extending time limit to furnish detail & returns in form GSTR 4 to 30th June," says Union Finance Minister @nsitharaman at 53rd GST Council Meet. #GST #NirmalaSitharaman #GSTCouncil | @nsitharamanoffc https://t.co/pA4zxOGbv5
π° FM Sitharaman chairs 53rd GST Council meeting - GST Council takes key decisions on tax exemptions - Railway tickets, waiting room/cloak room charges exempted from GST - Uniform GST rate of 12% for milk cans, and more https://t.co/IL9rHYVNyO
#Petrol and #diesel to come under #GST? Here's what #FMSitharaman has to say after Council meeting | https://t.co/g9OocDJx7S https://t.co/7sPd6Zy0we
π¨ "The intent of the central government when the GST was implemented, was eventually that petrol and diesel could be brought into the GST. It is now up to the states as we want GST to include petrol and diesel," says Nirmala Sitharaman. https://t.co/GzWriRhSAH
#GSTCouncilMeet | "There is going to be a rolling out of biometric-based Aadhaar authentication on an all-India basis," says Union Finance Minister @nsitharaman at 53rd GST Council Meet. #GST #NirmalaSitharaman #GSTCouncil | @nsitharamanoffc https://t.co/rGDiBjdWPn
#GSTCouncilMeet | "The intent of the Central Government is clear, we want the GST to include #petrol and #diesel," says Union Finance Minister @nsitharaman at 53rd GST Council Meet. #GST #NirmalaSitharaman #GSTCouncil | @nsitharamanoffc https://t.co/s7JEe7VBsg
BIG NEWS π¨ FM Nirmala Sitharaman announces that railway platform tickets will be exempted from GST now. GST Council suggests uniform 12% GST on all solar cookers. Platform tickets, facility of retiring rooms, waiting rooms, cloakroom services exempted from GST Hostels forβ¦ https://t.co/DhXJ84oYZQ
#GSTCouncilMeet | "Want to reassure the assessees that our intent is to make the GST assessee's life easier," says Union Finance Minister @nsitharaman at the 53rd GST Council meeting in Delhi. #Watch π @nsitharamanoffc | #GST #NirmalaSitharaman #Delhi #GSTMeet https://t.co/6N739GLwgb
The 53rd GST council meeting made some changes to rates goods https://t.co/CWOXovFTaV
Finance minister #NirmalaSitharaman announced biometric-based #Aadhaar authentication to check fake invoicing. https://t.co/bPd4KEe3ax
Check out all the key takeaways from FM Sitharaman address on GST council meet #GSTCouncilMeet #GST https://t.co/6LBKbB2MiL
The 53rd GST Council meeting, chaired by Union Finance Minister #NirmalaSitharaman, made a host of recommendations relating to #taxation, #taxexemption on services provided by Indian #Railways and #biometric-based #Aadhaar authentication to check fake invoicing.β¦ https://t.co/kHOzsja1Zs
#Report | Union Finance Minister @nsitharaman chairs the 53rd meeting of the @GST_Council in New Delhi today Uniform rate of 12% on milk cans and carton boxes; no tax on platform tickets, hostels. @FinMinIndia #GST #GSTCouncilMeeting https://t.co/TdDnIkYOZI
Union finance minister #NirmalaSitharaman said that the Centre wants to include #petrol and #diesel within Goods and Services Tax (#GST) and it is upto states to decide. https://t.co/pPutC1kVBB
Union finance minister #NirmalaSitharaman in address following the 53rd GST council meeting said that there will be biometric-based Aadhaar authentication on an all-India basis. Read more π https://t.co/HerNKv0i0f https://t.co/GpYKdfbXhB
#LeadStoryOnET | #GSTCouncil takes key decisions on fake invoicing & tax notices https://t.co/fh26Wkl1A2
#GSTCouncilMeeting: From biometric authentication to #railways services exemption, top ten key decisions https://t.co/g9OocDK4Xq https://t.co/XdxGLuK2z8
Recommendations of 53rd GST Council Meeting β‘οΈ #GSTCouncil recommends waiving interest and penalties for demand notices issued under Section 73 of the CGST Act (i.e. the cases not involving fraud, suppression or wilful misstatement, etc.) for the fiscal years 2017-18, 2018-19β¦
#GSTCouncil recommends reduction of #GST on carton boxes from 18 pc to 12 pc https://t.co/ZVWk7gVcC3
Top 10 announcements by Nirmala Sitharaman after GST Council meeting today https://t.co/2MVpNXFz6K
Union finance minister #NirmalaSitharaman in address following the 53rd GST council meeting said that there will bea biometric-based Aadhaar authentication on an all-India basis. Read more π https://t.co/HerNKv0i0f https://t.co/jFXr92D6Yd
#Breaking π¨ | FM Sitharaman announces nationwide biometric authentication rollout to tackle fake invoicing and ensure tax credit integrity. π Click here πto read more! https://t.co/HWdWTvCzju #GSTCouncil #Biometrics #fakeinvoicing #taxcredit
No tax on platform tickets, services by Railways: Big GST Council decisions https://t.co/2MVpNXFz6K
Recommendations of 53rd GST Council Meeting:- π GST Council recommends waiving interest and penalties for demand notices issued under Section 73 of the CGST Act (i.e. the cases not involving fraud, suppression or wilful misstatement, etc.) for the fiscal years 2017-18,β¦ https://t.co/lF8qLG4Gog
π Recommendations of 53rd GST Council Meeting π GST Council recommends waiving interest and penalties for demand notices issued under Section 73 of the CGST Act (i.e. the cases not involving fraud, suppression or wilful misstatement, etc.) for the fiscal years 2017-18, 2018-19β¦ https://t.co/3UL195hpE6
π¨ Services provided by Indian Railways like platform tickets exempted from GST - Finance Minister Nirmala Sitharaman. https://t.co/fvpDThOeUq
GST Council Introduces Biometric Authentication To Curb Fake Invoicing - Check Other Key Decisions From GST Council Meeting https://t.co/lMtZB7cZYB
Finance minister #NirmalaSitharaman announced biometric-based #Aadhaar authentication to check fake invoicing. Here are other top announcements made by the finance minister after the #GSTCouncilMeeting: https://t.co/bPd4KEe3ax https://t.co/D2RvXuhMHD
Petrol, diesel under GST: Here's what FM Nirmala Sitharaman said after GST Council meet https://t.co/jaLKEZSSk9
Today, the 53rd #GSTCouncil recommended waiving interest and penalties for demand notices that have been issued under Section 73 of the GST Act, which include cases not involving fraud, suppression or misstatements For all those notices which were issued under Section 73 for⦠https://t.co/3XDap63M97
#Breaking π¨ | Here are the top key takeaways from the 53rd GST Meeting held today in Delhi Click here to know more π https://t.co/BR1MwDt0JN #GST #Meeting #FinanceMinister #Delhi https://t.co/BzX3uk8twP
#ExpressBiz | GST Council meet: Interest waiver on penalties on tax demand notice, 12% GST on milk cans, carton boxes and sprinklers https://t.co/piGIDqoOxZ
Watch: "Even when GST was implemented, I remember senior minister Arun Jaitley then was talking about GST petrol and diesel can be handled for which the law has already been embedded. So, once the states agree, the council will have to decide what the tax rate will be" says Union⦠https://t.co/R76zXC0EhN
#WATCH | On being asked about bringing fuel under GST, Union Finance Minister Nirmala Sitharaman says "...At the moment, the intention of the GST as it was brought in by former Finance Minister Arun Jaitley is to have the petrol and diesel in GST. It is up to the states to decide⦠https://t.co/SoKpm3hlbI