56th GST Council meeting to be held on 3rd and 4th Sept 2025
56th meeting of the GST Council will be held on 3rd and 4th September 2025
Category: GST Council Meeting
Recommendations of the 55th Meeting of the GST Council
The 55th GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in Jaisalmer, Rajasthan, on 21.12.2024.
Recommendations during 54th meeting of the GST Council held on 09.09.2024
Recommendations during 54th meeting of the GST Council held on 09.09.2024
GST meet on Sept 9 to discuss rate rejig, levy on health insurance
The GST Council, which will meet here on September 9, is likely to make progress on the long-pending agenda of rate rationalisation, and review levy of GST on import of services by Indian entities from offshore branches.
GST Council likely to meet in early September, discuss dispute resolution, rate rejig
GST Council, is likely to meet early September to consider key issues such as expanding the tax base, issuing clarifications to minimize tax disputes, and evaluating the process of tax rate rationalisation, according to two persons familiar with the development.
FM Nirmala Sitharaman urges MPs to exempt medical and life insurance from GST
FM on Thursday asked Members of Parliament to take the lead in exempting medical and life insurance from the Goods and Services Tax by asking their respective state finance ministers to take up the matter in the GST Council, and also hinted at more income-tax reforms aimed at benefiting the middle class by the next budget.
Removal of 18% GST on life, health insurance
“Several suggestions have come up and I shall take up with the GST Council,” Sitharaman said on the withdrawal of 18% goods and services tax (GST) on life and health insurance premiums
GST Council meeting addresses procedural matters, big decisions still awaited
Bajaj Auto Managing Director Rajiv Bajaj on Friday suggested that the government review GST rates on vehicles powered by clean fuels.
MNC arms to pay GST as per transaction value quoted by parents
CBIC on Thursday clarified that if an MNC subsidiary in India as service recipient is eligible to claim full input tax credit (ITC) under the GST, the value declared by the overseas affiliate in the invoice will be treated as the taxable value.
Hon’ble CBIC Hinting at a GST on Ocean Freight?
The CBIC, in its recent circular, clarified that when the supplier of goods is a dealer and the supplier of an extended warranty is the OEM or a third party, the supplies made by different suppliers cannot be treated as part of a composite supply.